Is CION Investment a High-Yield Value Play or a Value Trap at 0.52 P/B?
CION trades at a steep discount to book with a 17.7% yield, but falling NAV and weaker income keep the value-trap debate alive.
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CION trades at a steep discount to book with a 17.7% yield, but falling NAV and weaker income keep the value-trap debate alive.
Open original source