A vote against all five EGM resolutions, page-67

Can anyone recall such a one sided thread?

In one sense it is gratifying that the posters here seem to be fairly furious agreement that the EGM resolutions should be voted down in flames.

However, I am surprised that the requisitioners camp have not delegated someone to argue their case here.

Are they so supremely confident of winning that they cannot be bothered?
Or is it that they don't want to even risk trying to argue it here?
Are the people at CGA now totally preoccupied with their own predicament?

I imagine there would be some consternation at CGA and perhaps some of the troupes might be thinking out loud about the wisdom of the strategy that got them (and us) to the current state of play. Early success, leading to overconfidence and then to overreach. It is almost Shakespearean.

Your point about the CTN discount to NTA being limited seems to have been born out so far. I make an estimate of wht the share price should be based on the part of the CTN portfolio declared at the start of each month and assuming that the holdings remain unchanged. It appears that Mr Market does a pretty accurate job of adjusting the CTN share price to match the variation in the underlying portfolio, It gets a bit more complicated to estimate around this time of year with some stocks going ex-dividend.

Cheers

These are my opinions only. Nothing that I have written here should be construed as disparagement of any of the parties or entities involved. For all I know, all of the parties and entities may be completely convinced of the correctness of their actions and be acting from the highest possible motives with all due skill and care in accord with their various responsibilities and obligations. Any figures and facts are mentioned in good faith but I accept no responsibility for their accuracy.