"Wordsworth continues to hold its place as a favorite of Ethical Investors," respected analyst Silas Grimshawe told our reporter yesterday. "As much as 15% of its stock may be held by Ethical Investment Mutual Funds and by institutional investors who place a high premium on high ethical business standards. Several charitable foundations - which are rumored to include the US's prestigious Bruce Wayne Foundation, also appear to have substantial holdings."
Commenting on Wordsworth's controversial decision to operate in the "Hermit Republic" of Thibaw, which is notorious for its Human Rights abuses, Grimshawe commented: "Yes - it'll be a challenge and Wordsworth is going to have to play a very careful game. But they're an experienced operator - I suspect they'll manage."
Wordsworth stock closed at 325, up 5 since the start of the year, reflecting investor confidence that success in Thibaw could boost Wordsworth revenues in the coming years.
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