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.
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