By Nigel Somerville | Sunday 21 November 2021
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
I have commented extensively on the winding down of the I-shares at Edge Performance VCT (EDGI) amid what is surely a scandal of corporate governance. But what of the H-shares (EDGH), following the disposal of approximately 90% of the holding in Unity Software Inc for £10.9 million in cash, a 20 times return according to the company for an investment carried in the books at just £1.2 million, as announced on Thursday 18 November?