Natural Gas Services Group INC

• Palm Valley Capital Fourth Quarter 2023 Commentary ↗ Palm Valley Capital Fund retained a large cash-equivalent allocation amid what it views as an expensive and increasingly low-quality small-cap market. It added Monro and John Wiley & Sons on discounted cash-flow valuations, then sold Monro after its shares exceeded the fund's estimate of value and reduced Crawford & Co. and other holdings after the rally. Fourth Quarter 2023 CRD-A $597MLSDAF $1.2BMNRO $446M +2

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