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Alpine Global Premier Propertie Message Board

  • patroutman patroutman May 17, 2012 10:08 PM Flag

    Tender Offer?

    Anyone doing anything with this or fully understand it?
    Seems like a good deal to me.
    If nothing else it should drive the stock price closer to the NAV and it increases the value of the fund at the same time by essentially buying stocks at under their face value.
    As long as the NAV doesn't get beat up in the process, this is a really good move. It just seems like Alpine times all of their "good moves" at very bad times. Regardless, this is interesting. However, I would be happier if they could just get the NAV go to up due to their great picks, but so far that hasn't happened...

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