VGI Partners Global Investments Ltd. (AU:VG1) has released an update.
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VGI Partners Global Investments Ltd. reported a challenging November, with its portfolio down 7.5% due to negative impacts from Asian long positions and US equity shorts, despite some gains from Amazon and other holdings. The company remains optimistic about future opportunities in global resources stocks, which it views as undervalued and under-owned. Additionally, VGI Partners conducted a buy-back of approximately 6 million shares, reflecting confidence in its long-term strategy.
For further insights into AU:VG1 stock, check out TipRanks’ Stock Analysis page.
