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Dunedin (DNE) tender offer

Closed-end funds and OEICs

Are you participating in the tender offer?

No, I'm holding on.
1
13%
Yes, I'm tendering for my basic entitlement (12.3225% of my shares).
1
13%
I'm taking the opportunity to tender my entire holding.
1
13%
I'm tendering some other amount.
0
No votes
Erm, DNE? As in ... Do Not Even hold it?
5
63%
 
Total votes: 8

UncleEbenezer
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Dunedin (DNE) tender offer

#353652

Postby UncleEbenezer » November 5th, 2020, 9:30 am

DNE winding down over several years has been an excellent investment over the time I've held it, having rapidly returned more cash than my original investment. But what's left now has been much slower for the past year or two. The tender offer could be an opportunity to exit near NAV.

UncleEbenezer
Lemon Half
Posts: 6105
Joined: November 4th, 2016, 8:17 pm
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Re: Dunedin (DNE) tender offer

#355152

Postby UncleEbenezer » November 10th, 2020, 10:53 am

Offer oversubscribed: https://www.investegate.co.uk/article.a ... 700057214E

Now to consider whether to take advantage of the discount and re-invest. Assuming the discount isn't going away, that's a long game for eventual distributions.


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