IPCO International

[Underdogger]

May I ask how much of the 6.6 cents of NAV is more down-to-earth cash like?

Ipco, used to be another darling of days gone by.
Look at what the NAV consists of, if it's NAV 6.6cts with 5cts cash component,
please buy all you can. But it's not.
It is standard practise for energy/utility providers to count chickens before they hatch and have high NAVs.
(Intangible asset/goodwill, they think it's there so they put a value to it.) .