RE: RNS Dividend Declaration29 Oct 2024 17:31
Hi jjhbev
The compulsory redemptions being announced was strong reason why I'm now invested, let's hope it's a good amount this time, 5 to 10 cents would be handy.... ? There's a debate further back in the discussion as to if the money that will be paid to shareholders is from a realisation or sale of assets at NAV, or they're paying from our coffers at the equivalent NAV, but could sell, (if at all) at a different (lower) price.
I suggest that the less the number of shares after redemptions at NAV, the resulting SP will go higher to converge to NAV.