OPH 0.00% $2.69 ophir high conviction fund

Ending the CEF Dividend Reinvestment at NAV ripoff

  1. 33 Posts.
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    See: CaptiveCapital > Ending the CEF Dividend Reinvestment at NAV ripoff

    - Ophir Asset Management's DRP issued new shares at NAV when the shares were trading at a ~13% discount! This is an indefensible ripoff that can be ended by naming and shaming any LICs/LITs that do so.

    - I've emailed Ophir on 11th Aug with a link and requiring a change in the DRP policy - with a publicly available document anyone can review. Only then will the blog post be updated.

    - Updates for OPH I'll add here. To follow all LIC/LIT pitfalls, see: www.captivecapital.org
    Last edited by CaptiveCapital: 12/08/23
 
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