SUPP A Buy? No Way! More Trouble At T’Mill As The Curse Of Neil Woodford Continues
By Nigel Somerville | Saturday 24 September 2022
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.
Last week saw the extraordinary admission from Schroder UK Public Private Trust (SUPP) – formerly Woodford Patient Capital Trust (WCPT) – that it had messed up its NAV statements every day since late April. And we learnt that Link Group faces a further £50 million fine, to add to the £306 million redress plan for its handling of the Woodford funds. What a shambles.
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