LNG 0.00% 4.3¢ liquefied natural gas limited

Amazing isn't it (and we may have commented on this fund...

  1. 1,049 Posts.
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    Amazing isn't it (and we may have commented on this fund previously) but check out what Paragon said in their fund report back in May (the same folk talking air a $10 sp) ...

    "Both of the above key milestones de-risk our investment case in LNG Ltd. Our risked 4mpta base-case valuation is $1.20/sh. Our un-risked 4mpta base-case and 8mtpa high-case valuations are $1.50/sh and $4.08/sh, respectively. Paragon invested in LNG AU in August 2013 at $0.20/sh and is currently trading at $1.36/sh. We have halved our position into LNG Ltd’s price strength."

    http://www.paragonfunds.com.au/pdf/Paragon-Fund-Performance-MAY2014.pdf

    Another AU fund who got it early and then trimmed way to early.

    And how much has it cost their fund holders? Big time!
    Last edited by Timbogold: 01/10/14
 
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