Skye7171 OP : Individuals might not care but institutions sure as shit do
152343525 : they sold the shares at a premium to nav - so the sold value buys more shares than the buyer recieves- buy the initial buyer this sucks, for all other shareholders its accretive. ( not dilutive). Shareholders love it...
Skye7171 OP : Individuals might not care but institutions sure as shit do
152343525 : they sold the shares at a premium to nav - so the sold value buys more shares than the buyer recieves- buy the initial buyer this sucks, for all other shareholders its accretive. ( not dilutive). Shareholders love it...