CD1 1.49% 68.0¢ cd private equity fund i

worst decision by the fund manager IMO to buy back stock that...

  1. 4,660 Posts.
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    worst decision by the fund manager IMO to buy back stock that doesn't have many outstanding shares.. IMO.

    the reason for buy back was that the share price was trading below NTA with substantial discount so they are buying back to lift price which is foolish for stock with 39m outstanding shares... IMO.
    Last edited by JPGuru: 08/07/21
 
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