Baker Steel Res Tst - Edison initiates on Baker Steel Resources Trust
Edison issues initiation on
Recent NAV returns have been positive, and BSRT's 16.4% share price discount to NAV is narrower than its 20.7% one-year average. Under its policy to distribute at least 15% of net realised gains, BSRT conducted a tender offer for 9.7m shares at 51p per share in
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Quick facts: Baker Steel Resources Trust Ltd
Market Cap: £69.2 m
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