The Treasury Minister has reiterated the nature of government share investments this morning.
Eddie Teare was speaking in the Keys in response to a question about the value of Pinewood Shares from South Douglas MHK Kate Beecroft.
She wanted to know what caused a dip in value since the start of May.
Mr Teare acknowledged the shares fell from £4.62 on May 1st to £4.15 at the start of June.
However, he said last night the share price was up to £4.82 and pointed out the investment was a Tynwald decision not a government one.
Clip 1
Infrastructure minister scraps Housing Association plans in favour of government-led agency
MHK accuses health department of breaching Manx Care Act
Treasury plans health surcharge for new residents before end of administration
MEDS to open later than usual