BBGI Global Infrastructure Share Price (BBGI)

When I bought these had a bit of a discussion with The Trotsky on whether it was worth it when I said

"I am looking for, my calculation is 3.22% return for hopefully 6 months giving 6.654% car or perhaps more if deal completed quicker"

In the end it was 3.34% which includes the dividend for just under 4 months so somewhere around 10.4% car (have not done exact calculations) for money that sitting in my SIPP that would be getting 2% if left in cash or around 4.3% (including dealing costs) if put into MM funds so happy with the return. Will put funds into another REIT or IT in wind down.

The proceeds are in my II account now.

It is, it's always sad when one of these stalward investment trusts sells out and shrinks the sector - fewer solid infrastructure trusts around now.

Thank you Slowly. As I said, I sold out (early April) so haven't been tracking it.

BBGI is a big loss to (mostly) British investors.

"if the deal didn't go through"

The offer was declared unconditional on 20th May. Last day of trading is 17th June.

Acceptance level was 93%, and the remaining 7% would (IMO) be smart to accept pronto, as I suspect any who don't will be left with something worth far less and that is hard to sell.