Share
It'll only move fully back to NTA value if management can stop returning a net (or even a cash loss) loss every year, otherwise its just on the slow countdown of shareholder value destruction. The present crop of managers don't seem to have changed their tune at all of late, just more of the same rhetoric in their announcements - the wholesale prices are lower than we thought and the wind didn't blow as much as we thought... blah blah blah.
I'm not really aware of any news other than that two new candidates Sam & Heiko are standing against the incumbents, plus as you can see from the above, independent investors are sensing an opportunity and are buying in, which seems to be what is driving the price up.