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clock Created with Sketch. 23/12/24
14:38
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Originally posted by nicleeson:
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Saba had disclosed very recently that they reduced their substantial stake a little. At that stage VG1 were active in their buyback sometimes when the discount was small like 5-7%. Whilst Saba thought those levels were worth lightening their positon, my guess is they wouldn't further reduce their position when the discount is circa 12-15%.
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They should have already done this... that is, merged this debacle.
(20min delay)