Baupost Continues American Shale Theme With LNG Investment
Seth Klarman’s Baupost Group has made another move into the natural gas sector, taking a 6.69% stake in Australian firm Liquefied Natural Gas Ltd (ASX:LNG), reports Angela Macdonald-Smith for The Sydney Morning Herald (full securities filing can be found at the bottom of this post). LNG’s stock price fell more than 7% following the news, but it is still up more than 1000% for the last twelve . . .
This content is exclusively for paying members. Access all of our content on including years of timeless investment news and in depth analysis for only a few dollars a month by signing up here while also supporting quality content and journalism, or learn more about our premium content here
If you are subscribed and having an account error please clear cache and then cookies if that does not work email firstname.lastname@example.org and we will get back to you as quick as humanly possible