Tamarack Valley Energy Ltd T.TVE

repost: data did not display re 9 point holdings

[swale13]

[wannabebuffet]

Yep, it looks like Eric is adding.  Me too, just on a different scale.

[Dibah420]

I am not a subscriber to 9Pt and thus do not know what baseline metrics are being compared.  However, it's critical to remember two facts.  (1) EN reports his holdings in dollar value.  (2) Percentages quoted are those of his own portfolio. As far as my memory goes EN still keeps his holdings in TVE @ 9.9% of the total O/S   (SHARES) of Tamarack Valley Energy.  It

[diceslinger]

He bought more in Oct, now 10.43%

[diceslinger]

He bought more in Oct, now 10.43% of his fund

[Dibah420]

Let me try and explain again.  At the beginning of October TVE was at $3.56.  At the end of the month it had shot up to $4.30....A whopping 21%. That in itself could explain the variance in 9Pt holdings without a single additional share being bought. If you have some other data, that additional TVE  SHARES  were bought, pl post them.

[Hoover69]

According to Morningstar, Ninepoint increased their share ownership in TVE by 4% in October.  Portfolio weighting is 10.43% as posted by diceslinger.  FYI.  

[Dibah420]

Thank you.  Here's what was causing some confusion.  SH lists TVE shares as: Shares Out:     226.18mm Total Shares:   115.66mm BOTH THE ABOVE ARE WRONG.  EN's 9.9% would amount to no more than  22.39/11.45mm shares. TVE's Corporate Snapshot lists: Shares Outstanding:  556.9 mm And THAT makes sense that an additional 2m SHARES were