By Steve Moore | Friday 2 August 2013
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Shares in specialist commercial lender GLI Finance (GLIF, formerly Greenwich Loan Income Fund) have fallen back to the level (49.5p) at which they were added to the income portfolio of the 'Nifty Fifty website which I co-edit' in December. This follows a second quarter trading update from the company and subsequent research update from Edison late last month. Is there still income value here?
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