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Royce Global Trust Inc T.RGT


Primary Symbol: RGT

Royce Global Trust, Inc. (the Fund), formerly Royce Global Value Trust, Inc., is a diversified closed-end investment company. The Fund's investment objective is long-term growth of capital. The Fund is focused on investing 80% of its net assets in equity securities, such as common stock and preferred stock. The Fund generally invests a significant portion of its assets United States and non-United States small/mid-cap stocks. Under normal circumstances, at least 40% of the Fund's net assets will be invested in the equity securities of companies headquartered in at least three countries outside the United States. From time to time, a substantial portion of the Fund’s assets may be invested in companies located in a single country. Although there are no geographic limits on the Fund’s investments, no more than 35% of the Fund's net assets may be invested in the securities of companies headquartered in emerging markets. Royce & Associates, LP acts as the Fund’s investment advisor.


NYSE:RGT - Post by User

Royce Global Trust Inc > Takeover
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Comment by superscepticon Sep 19, 2013 3:12pm
123 Views
Post# 21752473

RE:RE:RE:Takeover

RE:RE:RE:Takeover
Very polite of you, 20m is risk eliminator for Denison in particular. 

Good company though.

The whole thing remind me Y2K madness, but in reverse. Then, hugely overvalued companies were taken over each other. One which shares were more overvalued, wins. Now, hugely undervalued companies do the same, one which shares less undervalued will get better deal, if it make sense.
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