RE:RE:RE:RE:Return of CapitalSome simple math. Having bought 2500 shares at $6.42 ($16058.00) in November of 2016 (recommended by my broker?) and having received 6 payments of $121.25 and a special ROC of $3325 plus this last special ROC of $1650 (total $5702.50) I am now sitting in a positive position of $694 with the current share price of $4.50.
I guess the question is will they give me back at least the $4.50 per share as they wind this thing up.
Right now I'm sitting on a return of 4.2% -- a little better than a GIC.
If I just put the money in my bank account at 2% and then withdrew it on a monthly basis I would be pretty close to where I am now and there would be no risk attached. Am I wrong?
As long as the $4.50 comes back I won't complain but chalk it up to more experience.