I think Regal are happy to keep everything as is. It will probably take other shareholders to force any other changes from here. Whether that happens or not will have to see. If the discount stays around 15% or more in the back half of the year whilst this buyback continues (been very active in the last month), I would anticipate some of the substantial shareholders campaigning for changes of some sort. That may simply be converting to open-ended though, not necessarily changing fund manager duties and branding.
VG1 Price at posting:
$1.73 Sentiment: Hold Disclosure: Held
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