I noted on Friday that the I shares from the alphabet soup that is Edge Performance VCT (EDGH for news, EDGI for the shares) are going to be wound up and sent off to the great share repository in the sky. This is after I shareholders got an 8.5p dividend with roughly another 3.5p to come following the disposal of Coolabi via a takeover on an enterprise value of £35 million. But I fancy I shareholders will be bitterly disappointed, given that they lost over half of their money over a nine-year period. A look at what happened with Coolabi may begin to explain why.
Yesterday, in the last RNS of the day which was slipped out at 6.20pm, the latest numbers from the Edge Performance VCTs were released. I was less than impressed when I last wrote about them a year ago (HERE) but following the advent of The Clangers have the numbers improved at all?