ST. JAMES INVESTMENT COMPANY

Orange SA (ORAN)

Posted: June, 22, 2014

We recently closed our investment in Orange (formerly known as France Telecom) with an average selling price of $17 per ADR.  We initiated our position in April 2012 but made several additional purchases on price weakness to create an average cost basis of $10.50.  Additionally, we collected a very generous $3.10 in dividend distributions during the time we … Continue reading “Orange SA (ORAN)”