Gore Street Energy Storage
I hold shares in Gore Street, as does Saba, which has just proposed a resolution to wind the company up. It is true that Gore Street's performance has been poor; it is currently on a discount of 36%, compared to a sector average of 23%. Saba has questioned the payment of dividends using proceeds from the sale of operational assets; and also whether the sale (which was to a connected party) was at arm's length.
Despite these points I feel that I do not want to support Saba. I have just discovered that I can join an online meeting with the Board tomorrow (Tuesday). What do other people think?
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