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'Vastly overvalued' portfolio
Capital allocation policy
Share price up 40% YTD
Share price total return down 12.5%
Potential short-term derating
Formerly ThomasLloyd Energy Impact
61% discount to NAV
Not a ‘stand out’ among peers
25% of the issued share capital
Credibility 'destroyed'
20 December 2023
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5 min read
