Friday, July 27, 2012

The China Fund Buy Back Result

The China Fund, Inc. (Ticker: CHN) announced the final tender results today. The fund will be buying back shares at $23.12 with odd lot shares taking priority. I bought odd lot shares and tendered in a couple of accounts so I'll have some extra lunch $$$ coming my way. For awhile there I thought I might actually lose money on this tender play because of the recent sell off in the Asian markets.


Post a Comment

<< Home