Could The Ottoman Fund Limited Recover After Today’s Huge Decline?

 Could The Ottoman Fund Limited Recover After Today's Huge Decline?

The stock of The Ottoman Fund Limited (LON:OTM) is a huge mover today! The stock decreased 24.61% or GBX 0.52 on November 18, hitting GBX 1.6. It is down 56.32% since April 21, 2016 and is downtrending. It has underperformed by 60.75% the S&P500.
The move comes after 5 months negative chart setup for the GBX 2.86M company. It was reported on Nov, 18 by Barchart.com. We have GBX 1.42 PT which if reached, will make LON:OTM worth GBX 314,600 less.

The Ottoman Fund Limited is a closed-ended investment company. The company has a market cap of 2.86 million GBP. The Firm operates in Turkey segment. It currently has negative earnings. The Firm had invested in Turkish land and new-build residential property in Riva, Bodrum and Alanya.

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