In the media industry, broadcasting rights are everything and dominated by a few players. We have been keeping up with the recent Main Street Sports Group (privately held) challenge in the media industry and believes FOX Corporation (We are a Singapore-based research team that seeks to exploit market inefficiencies and source for undervalued opportunities to generate long-term alpha. We strive to generate investment theses based on attractive valuations across our investment universe through a disciplined i ...

Group 1 - ASA is a non-diversified, closed-end fund focused on long-term capital appreciation through investments in companies involved in the exploration, development, or mining of precious metals and minerals [3] - ASA mandates that at least 80% of its total assets must be invested in common shares or securities convertible into common shares of companies engaged in the exploration, mining, or processing of precious minerals, or held as bullion [4] - ASA employs a bottom-up fundamental analysis approach, relying on primary research, including meetings with company executives and site visits, to inform its investment decisions [5] Group 2 - Merk Investments LLC is an SEC registered investment adviser that provides investment advice across various liquid global markets, including equities, fixed income, commodities, and currencies [7] - ASA shareholders approved an investment advisory agreement with Merk on April 12, 2019, indicating a strategic partnership for investment management [3]