BIST.L Share Price (BIST)

One or two typos in my previous post - sorry about that but I'm so angry about these proposals I can hardly type. And the market is not exactly reacting positively.

What a shambles! The result of the strategic review means 20% reduction in dividend and abandonment of zero discount policy. BIST currently has a multi-asset portfolio but following the proposed merger with AUKT we will apparently have "a truly diversified multi-asset approach". I thought that's what we had. There will be a tender offer for 20% of BiST's shares but at a discount of 4% and the expenses of the deal. Why only 20% ? Why a 4% discount? Why are we not voting on winding BIST up which would probably give shareholders 98% of NAV? The answer of course is simple - jobs for the boys. The chairman who has led us through this disastrous period (and with no word of apology) will be come chairman of the new enlarged company. I hope BIST shareholders will toss these ridiculous proposals out and wither the whole of the current Board.

15per cent discount from nav and almost 6pc dividend. no debt price now is 4 year low Blackrock Income Strategies Trust PLC (LON:BIST) announced a dividend on Tuesday, August 9th. Investors of record on Thursday, September 15th will be paid a dividend of GBX 1.64 ($0.02) per share by the investment trust on Monday, October 10th. This represents a yield of 1.45%. The ex-dividend date is Thursday, September