Know you’re a good judge….so was patting myself on back for selling all my cd2 when the deal was announced and some of cd3….I don’t own the others.
I even tipped a few more cd3 out this morning…but I fail to see it a big disaster, it’s not as though they are unlisted….they say they’ll only do the 5% depending on liquidations of underlying assets……one assumes they will be strategic and not driven by the 5% every 6 months solely.
It could mean the NTA will grow more, but what about the discount to NTA? Will it help bridge it or make it worse? This mornings trade would indicate the latter!
CD3 Price at posting:
$1.48 Sentiment: Hold Disclosure: Held
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