Post by
JohnWalker on Nov 15, 2021 4:17pm
Get Ready ...
For another overnight offering next week
Comment by
ehud42 on Nov 16, 2021 8:59am
Source? Rationale? Just becuase we've cracked $7 again? Sorry - noobish questions.
Comment by
JohnWalker on Nov 16, 2021 1:18pm
Premium of PRICE over NAV has grown considerably yesterday and today. They always do an overnight offering when premium gets too high.
Comment by
flamingogold on Nov 16, 2021 1:27pm
Premium as of Friday was less than 6%. Sure, the share price has jumped a bit since but I am sure the underlying portfolio has also to correlate with the climb in the overall indices. Even if the portfolio has not risen (unlikely), the premium would only be 8%. Not outrageously high.