See:
> Saba’s Boaz Weinstein Sees Value in Closed-End Fund Arbitrage
> Wall Street Managers Pile Into Closed-End Funds on Big Discounts
<<
"Closed-end fund arbitrage is the thing I’m most interested in today because it is tangible — it’s an arbitrage that you can collapse yourself. In closed-end fund arbitrage you can actually control your destiny,” he said at the Bloomberg Invest conference in New York Wednesday.
>>
I've written up the opportunity for shareholders to organise and convert HM1 to an Open End structure (e.g. Active ETF) that trades at NAV.
See: Hotcopper/HM1: Why HM1 shareholders should vote to convert it to an Open End fund
See: > Saba’s Boaz Weinstein Sees Value in Closed-End Fund...
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Last
$2.47 |
Change
0.010(0.41%) |
Mkt cap ! $565.5M | |||
| Open | High | Low | Value | Volume |
| $2.46 | $2.48 | $2.43 | $1.556M | 634.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 18625 | $2.45 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.47 | 13671 | 3 |
View Market Depth
| Last trade - 16.10pm 10/05/2024 (20 minute delay) ? |
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Last
$2.45 |
Change
0.010 ( 0.41 %) |
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| Open | High | Low | Volume | ||
| $2.46 | $2.48 | $2.44 | 128860 | ||
| Last updated 15.58pm 10/05/2024 ? | |||||
| HM1 (ASX) Chart |