Gresham House Energy Storage Fund - GRID

Don’t know about GRID, but GORE have put out several statements about the price decline. I also don’t think the Jefferies analyst has his figures correct as GORE reported operational dividend cover of 1.15x, and it’s capacity is set to more than double with international revenues staying strong. They also just received a £15m investment from Nidec at NAV (IE 30/40% higher than market price).

Then there’s the balancing mechanism update that occurred last month. Personally buying as much GORE as I can because this price action doesn’t look rational.

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