"But in the final analysis, I overcame and totally dispelled ALL those holding the firm belief the Oct PUT option seller was Woodford's Patient Capital Trust (even that of what was espoused by many here as unreliable flip-flop artist Pyrrh some time ago!): ie posters: asserting it's Woodford: Beachlife; Sentiment; Afford PLUS, + ,.... even TC_Trader as well as Dan88, a large options holder."
"Obviously none of the above cited posters took the route of furthering their DD.... instead each of them opted for that implusive but not thought out post"!
Why is it that the majority of your posts are always self applauding? We already know how great your are Mav, you don't need to continually remind us. Sometimes the arrogance is a little ridiculous.
Please answer the following questions in relation to what you have asserted about the Oct Put options:
What is the approximate NWBO holdings in the Woodford Patient Capital Trust?
What is the approximate NWBO holdings in the Woodford Equity Income Fund?
What does the Woodford Equity Income Fund Prospectus say about derivatives? (here, I'll help you with that one).
4.1 CF Woodford Equity Income Fund Investment Objective and Policy
The aim of this Fund is to provide a reasonable level of income together with capital growth. This will be achieved by investing primarily in UK listed companies. The Fund may also invest in unlisted companies and overseas entities. The Fund may also invest in other transferable securities, money market instruments, warrants, collective investment schemes and deposits.
The Investment Manager may also make use of derivatives for investment purposes (gaining both long and short exposure to the underlying assets) and for efficient portfolio management. It is not anticipated that such use of derivatives will have significant adverse effect on the risk profile of this Fund.
Now what were you were saying about others lack of DD?? I feel like I have had to correct you a lot lately.
