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Dunedin Enterprise Investment Trust (DNE)

Closed-end funds and OEICs
MaraMan
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Dunedin Enterprise Investment Trust (DNE)

#201376

Postby MaraMan » February 14th, 2019, 4:05 pm

Interesting piece in today's Telegraph on DNE.
https://www.telegraph.co.uk/investing/f ... slice-isa/
MM
PS - full disclosure, I have a holding in DNE

everhopeful
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Re: Dunedin Enterprise Investment Trust (DNE)

#201597

Postby everhopeful » February 15th, 2019, 3:48 pm

I read the article too and it sounded quite convincing. Gave up on Galliford Try today after another downgrade and bought DNE with the proceeds.

XFool
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Re: Dunedin Enterprise Investment Trust (DNE)

#201626

Postby XFool » February 15th, 2019, 6:19 pm

MaraMan wrote:Interesting piece in today's Telegraph on DNE.
https://www.telegraph.co.uk/investing/f ... slice-isa/

That, plus a couple of directors buying, presumably accounts for the recent rapid increase in share price.

wanderer
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Re: Dunedin Enterprise Investment Trust (DNE)

#455985

Postby wanderer » November 6th, 2021, 12:30 am

Hi all - are people generally taking up the current tender offer in the proportion offered? It's the first time I've been confronted with having to make a decision like this. I'm minded to do so but just wanted to see if there are any contrarian views?

UncleEbenezer
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Re: Dunedin Enterprise Investment Trust (DNE)

#455996

Postby UncleEbenezer » November 6th, 2021, 8:21 am

wanderer wrote:Hi all - are people generally taking up the current tender offer in the proportion offered? It's the first time I've been confronted with having to make a decision like this. I'm minded to do so but just wanted to see if there are any contrarian views?

Thanks for the prompt: it's a decision I need to take, too.

On the one hand, a tender offer above market price: what's not to like? Buy more in the market to top up the holding, while selling into the offer. On the other hand, such free-money scenarios are never quite as simple as they seem. If I do that it'll be part of a strategic move: sell from the SIPP to free cash, buy in the ISA to retain a holding in a stock that keeps generating profitable events!

But like you I have yet to decide. The decision is a Nice Problem To Have, with both options looking attractive.


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