who the hell would pay 3% fees. All the tender offers look like a cover up of a madoff type operation. Or a planned op.IE sell a bunch of "nothing" paper then buy it back at 75-95% off and no one knows it was just a scam
well here is an idea...sell it and go away.
Glad I pay no fee and made over $1,000 on the tender offer which went back to buy more shares. Not looking like a bad fund now is it.
You paid a fee. All participants paid a 30$fee to the brokerage for each transaction.
Looks fine to me, I got a load of free shares on the tender too