VSL Liquidation
Posted: March 12th, 2024, 1:40 pm
From the latest VSL KID:
" Shareholders will expect some guidance on the expected timeframe and, although Shareholders should
place only limited reliance on this information, it is the Board’s current estimate that the first distribution would occur at the end of 2023 or in early 2024"
Are we still in the early 2024 period?
A March payment of the usual 2p dividend has been announced and is scheduled to be paid March 21st.
I wonder if this is the last before we get some indication od the capital repayment plan?
Meanwhile, if you believe the estimated NAVs, there's a chance to get a 15% return on your money so long as you are prepared to wait a few years. With interest rates expected to be heading lower for the rest of this year there's a chance the liqidation could acieve a good outcome.
I've already tripled down on the fund and think I now have a prudent sum in the fund, but may consider a further
investment once we have a better indication of the capital repayment fund.
Y
" Shareholders will expect some guidance on the expected timeframe and, although Shareholders should
place only limited reliance on this information, it is the Board’s current estimate that the first distribution would occur at the end of 2023 or in early 2024"
Are we still in the early 2024 period?
A March payment of the usual 2p dividend has been announced and is scheduled to be paid March 21st.
I wonder if this is the last before we get some indication od the capital repayment plan?
Meanwhile, if you believe the estimated NAVs, there's a chance to get a 15% return on your money so long as you are prepared to wait a few years. With interest rates expected to be heading lower for the rest of this year there's a chance the liqidation could acieve a good outcome.
I've already tripled down on the fund and think I now have a prudent sum in the fund, but may consider a further
investment once we have a better indication of the capital repayment fund.
Y