floating krispy kreme, page-7

The float was proposed as part of food and beverage co.

It has been defered as the assets need more maturity to be ready to float.

Other brands, include Jesters Pies.

This is another example of a LIC trading at a big discont to NTA is the first two years after listing, In SOE's (and IPE) case this is further magnified by the PE assets being in the books for cost.

I think it's a strong buy, and I have been the buyer for 95% of the SOEO traded in the last two days !