i'd relax, its an income fund. they generally dispurse most of their profits and as a result have limited capital to expand/grow/take advantage of opportunities.
GCI, MXT, MOT, etc have all done cap raises of late, not uncommon. at a guess it'll be a few cents lower than the recent run.... to an insto, maybe a SPP if we are lucky. they'll add in the new shares, it'll shrink back to raise price and within 6 months the new capital will have been deployed and generating greater returns which will outwiegh the short term dilution.
4 year track record of very consistant returns and growth. I would sleep pretty well.
PCI Price at posting:
$1.16 Sentiment: Buy Disclosure: Held
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