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 > 25.1m and dropping

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Comment by tiger6301on Sep 30, 2013 4:22pm

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Post# 21779233

RE:25.1m and dropping

Just received my letter from TD regarding the DML's offer for RGT last Friday. DML's offer is as crap as MGA's, I will vote NO. With cash of $22-1 = $21 millions in hand, I believe we can stand alone to wait through the U price recovery, and move the project forward.

Management, make a solid business plan, and we believe our project is worth more than $5Millions, IMO, it is worth $50 millions minimum, and we don't need DML' shares.

Tiger

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