RF1 2.73% $3.39 regal investment fund

The buyback operates if the share price is below NAV ... even if...

  1. 267 Posts.
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    The buyback operates if the share price is below NAV ... even if its just a couple of cents below. I think it has been very effective to stop the discount ever getting out of control with RF1. I am hoping this now starts trading at a premium and then the buyback won't be required.
 
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