Anyone who hates the premium, won't like todays action.
A bit of a surprise considering the 18% fall in GBT today which I believe is still one of their holdings.
A 5% gain in a day like this is absurd on the face of it but maybe there is an explanation.
I expect the GBT fall will knock a couple of cents off the NAV when its reported again tomorrow.
I've also sold most of my pre-listing shares. Unfortunately that was one of my concerns with them listing. I didn't ever want to sell out of the fund, but knew I wouldnt be able to resist selling at a 15% premium to NAV.
Hoping to reenter on either a pullback in the constituent share prices, or a more standard NAV premium.
FOR Price at posting:
$2.04 Sentiment: Sell Disclosure: Held