The current buyback program, when complete, will add approx 4 cents NTA to each share. That is free money for existing shareholders. I am hoping a similar program can occur in each of the next 2 years as we head to a full exit of the individual investments held by CD2.
It normally takes 7-8 years to complete all the divestments and then fully distribute to shareholders. We have 3-4 years left.
The sun is shining brightly for CD2 as the US moves on from COVID.
GLTAH
CD2 Price at posting:
$1.48 Sentiment: Buy Disclosure: Held
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