I’ve been a bit undecided about reducing my holding given the significant undervaluation that VGW shares are selling at… even the buyback is way undervalued.
So I have now bought through PM the same amount of VGW shares that the buyback is for (7% of my holding) at ~$4.15. I’ll accept the buyback for $5.50 (with another 20-30% on top of that for franking credits refund given it’s in my SMSF), so I think that’s OK given I will retain my original balance.
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I’ve been a bit undecided about reducing my holding given the...
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