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Mr Bean
Posted: 06 March 2025 14:08:00(UTC)
#11

Joined: 08/04/2021(UTC)
Posts: 209
Sliding again - down 2% today.

I really thought this would hold up as things started to get unsettled.

Edged into BHMG because I was losing faith in RICA - looks like another mistake......

It is this sort of result that has left me with so much just invested in PNL and CGT.
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MrBatch
Posted: 06 March 2025 15:51:32(UTC)
#12

Joined: 22/02/2021(UTC)
Posts: 234

Thanks: 532 times
Was thanked: 315 time(s) in 121 post(s)
@Mr Bean

I wonder if institutional investors have wind of the answer to the share class closure vote and don't like the outcome. I've looked on bhmg website and no news i see for retail investors.

I plan to lose this fund when the outcome is known and move money into commodity arena to compliment my gold holdings.

I was hoping to get nav back via a windup or the company increasing share buybacks to minimize the discount that exists based on share class vote as a scare. Looks unlikely either way.
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Mr Bean on 06/03/2025(UTC)
ravedeath
Posted: 06 March 2025 16:30:39(UTC)
#13

Joined: 10/01/2024(UTC)
Posts: 229
Yes, sees as though both closure votes failed (I know the US one was delayed)

https://www.tipranks.com...losure-meeting-outcomes

https://uk.investing.com...after-vote-93CH-3942693

And share buyback continues.

I had been hoping for better returns over the last few weeks but is now the time to sell?
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