Earlston Buys Another 1.04M sharesOn September 30th, Earlston made another big investment in DC.A adding 1.042M million shares and bringing their total investment in DC.A to over 3% of shares outstanding. My guess is they continue buying, Dundee executes a DC.A SIB and we see Earlston as a 10%+ holder within the next year.
There must still be some motivated sellers willing say goodbye to their shares way below any realistic estimate of fair value. Perhaps still some former institutional DC.PR.E shareholders re-allocating capital into income oriented investments.