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.
Wednesday at 1.20pm – lunchtime, and thus no-one-is watching o’clock – the Edge Performance VCT (EDGH) announced proposals for its solvent liquidation. I have been a harsh critic of this VCT since December 2014 when I concluded that its alphabet soup of classes of shares, some of which I had invested in, were a total bargepole. How right I was! Thus this latest news marks the end of an era. Or the end of an error. But almost inevitably, there are a few things which might stick in the craw for its poor (and getting poorer) remaining shareholders.
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