I’m wondering of what you think about keeping URB. Do you think it is a good stock to keep or not?
I’ve lost money on it since it opened and not sure whether to cut my losses.
Regards
A: Thanks for the question on URB (URB Investments).
Unless you need the cash or want to invest urgently into another company, my inclination would be to hold on.
I think URB is going to be a slow burner. The suggested investment time frame was 5 to 7 years, and I don’t think you should be concerned that there hasn’t been an immediate return. It is not unusual for a listed investment company to trade at a small discount to issue price post IPO due to limited liquidity, issue costs and no “new news”.
regards
