VG1 vgi partners global investments limited
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Exactly right. The announcement reeks of desperation. It's...

  1. cutty
    3,764 Posts.
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    24/10/23
    18:55
    Post #: 70513552
    Exactly right.

    The announcement reeks of desperation.

    It's a classic case of feed them a bigger dividend and they will forget how crap the performance has been and is continuing to be.

    Sadly, as you can already see in this chat - the prospect of franked dividends will dupe a large cohort of people.

    The performance of this fund has been nothing short of atrocious... no artificial boost of increased dividends will hide this.

    I suspect this is the last ditch effort to remove the perennial discount saga.

    All I can say is the days of closed funds taking in massive fees, delivering pathetic returns are coming to an end. Thank god.
    VG1 Price at posting: $1.55 Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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