Update from the CIO

Yesterday we reported an NTA of $3.01, up from $3.00 last week. The share price is trading just below $3.00 this morning.

A pretty quiet week for our portfolio, with some tech sector weakness being counter-balanced by some corporate activity in one of our core holdings. As we get closer to our next conference, we will possibly sell more of our conference holdings, as managers may not wish to hold them over the next round of quarterly reports, which have proven to be volatile in the past, given they need to be liquidated by the end of November.