On 27 Jan 2023 TGF had a recent peak at:Pre-tax: $2.91Post-tax:...

On 27 Jan 2023 TGF had a recent peak at:
Pre-tax: $2.91
Post-tax: $2.81

Less than 2 months later and the sharpies running this fund have seen the NTA crushed to:

Pre-tax: $2.34
Post-tax: $2.39

At $2.34 a 20% discount is $1.87!!

I think given the shocking performance, greedy fee-gouging and insane total expense ratio, the discount should be at least 20%.

To add insult to injury, the massively dilutionary capital raise is something no other LIC has dared to do in several years but goes to show the respect Tribeca has for its retail shareholders!