Crown Place released its rather pleasing results today. See https://www.investegate.co.uk/crown-pla ... LC%20Alert
Highlights include -
[*] dividend maintained at 1p twice per year with aim to continue it next year.
[*] a total return of 4.04 pence per share (14.0 per cent. on opening NAV)
[*] The ongoing charges ratio for the year reduced to 2.4 per cent. (2016: 2.5 per cent.).
One question though : what on earth is Intercompany interest of £1,050,000?
Albion does seem to be one of the better management groups having take over the old Murray VCTs which had a Lemon proportion of 60% ish at the time of manager change, with more lemons found later.
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Crown Place Finals
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BusyBumbleBee
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