Eureka Correspondence

Putting a buy on BKI Investment Company.

Most unfortunate that as Mitchell Sneddon recommends BKI at the price of $1.68 (see BKI: A steady accumulation of wealth, August 10) they shortly thereafter reveal that their NTA was in fact $1.58. This is not an insignificant amount (pardon the double negative). I know that some of the drop in price can be attributed to the market turmoil but BKI (it has been revealed) was very much overpriced when recommended (to my cost).

Avril

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