LEM realized a net profit of 30'499 $L during DEC which allows us to pay a dividend of 0.015 $L/share. Our NAV slight increased to 1.36 $L/share
The dividend was paid just before we published this report.
Our financials are given below
LEM
The increase of our NAV was mainly driven by the listing of the DDE shares. Also DDE is trading below its former IPO values at WSE it is now a subtantial asset in our portfolio.
Our cash position is still growing. We still see this as temporarily status we would like to change in 2009. Investigations into new business ideas are ongoing.
Happy New Year 2009 to all of you.
Greetz
Casper Trebuchet
LEMInvest
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