See: CaptiveCapital > Ending the CEF Dividend Reinvestment at NAV ripoff
- Ophir Asset Management's DRP issued new shares at NAV when the shares were trading at a ~13% discount! This is an indefensible ripoff that can be ended by naming and shaming any LICs/LITs that do so.
- I've emailed Ophir on 11th Aug with a link and requiring a change in the DRP policy - with a publicly available document anyone can review. Only then will the blog post be updated.
- Updates for OPH I'll add here. To follow all LIC/LIT pitfalls, see: www.captivecapital.org
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- Ending the CEF Dividend Reinvestment at NAV ripoff
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Ending the CEF Dividend Reinvestment at NAV ripoff
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