Is BBOZ undervalued currently?
On 5 Feb 19 XAO was slightly higher than it is now at just over 6000, but BBOZ has not yet returned even close to the sp at that date level.
It is currently $11.64 and by the above reckoning, should be above $13.79.
I expect there would be some losses over time due to cost of leverage, or is it just sold down and undervalued like the rest of the market.
I have been holding BBOZ last 2 months
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Is BBOZ undervalued currently?On 5 Feb 19 XAO was slightly...
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