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 note the piece from Hotstockrockets which explains part of what Miles Pelham has been up to. Essentially he has been offloading AIM-listed Obtala (OBT) ordinary shares and picking up convertible prefs (which pay 5%).
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