VG1 0.00% $2.00 vgi partners global investments limited

Ann: Commencement of Increased On-Market Buy-back, page-5

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  1. 2,354 Posts.
    lightbulb Created with Sketch. 73
    yeah agree. IF they bought back 25% in the next year (My strong view is they will not though), it does tilt the odds nicely in your favour. The buying pressure of that magnitude I would guess might close the discount from 16-17% to maybe 12%. There is the gain from that closing but also likely a few percentage points extra you also pick up in 12 months from the accretive effects on NTA.
 
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