DNE – Dunedin Enterprise – possible special situation

Interesting comment in the April 2012 Sharesoc newsletter (PDF) …

Investment Trusts in the private equity sector trade at high discounts. DNE (Dunedin Enterprise) is looking to reduce their discount (33%) through a tender offer of up to 10% of the shares at 475p (discount of 12.2% to NAV). The current share price is 350p. The offer will be financed by sale of an investment.

I haven’t checked any of these facts, so DYOR.


Powered by Blogilo


About mcturra2000

Computer programmer living in Scotland.
This entry was posted in Uncategorized. Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s