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Contango Holdings shares rise 8% as £5m subscription completes
Shares in Contango Holdings (LSE:CGO), the London-listed natural resources company, climbed 8% to 0.68 pence in early trading on Friday. The move followed confirmation that the company had received £5 million from a share subscription by two strategic investors.
Proactiveinvestors | 2 weeks ago
CGO: Positioned For Continued Outperformance Of Foreign Markets
The Calamos Global Total Return Fund offers a 7.64% yield and diversified global exposure, outperforming major indices year-to-date due to its foreign allocation. CGO's allocation to non-U.S. assets (52.3%) exceeds global indices, enhancing yield and capitalizing on recent foreign market outperformance. Recent portfolio shifts—reducing U.S. and senior loan exposure, adding top-performing international equities—align CGO with prevailing global trends.
Seekingalpha | 4 months ago
