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Re: AlwaysOptimistic post# 107461

Saturday, 01/20/2024 9:42:52 PM

Saturday, January 20, 2024 9:42:52 PM

Post# of 128311
I was a GX shareholder. I voted about 2 weeks before the meeting. Same with voting for NB's annual meeting. I cast my votes about 3 weeks ago. The meeting was yesterday. I contend that most GX shareholders voted well before the bank failures. This is not to say that some shareholders might have waited to the last minute and then voted, but I am very doubtful that's the majority.
I don't buy the explanation that Mark has offered. I admit that I could be wrong. There were predictions about redemptions that were made and posted on this board weeks or months ahead of the GX shareholder meeting and well before the failure of Silicon Valley Bank. Those predictions were right. Just be open to the possibility that the explanation about redemption rate that has been tendered might be convenient and sound plausible but not actually factual.
I also accept that I will probably never know the answer for sure.
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