James Carthew and Matthew Read comment on the latest Saba actions in Patrick Sanders’ article:
“Insanity is doing the same thing over and over again and expecting different results. I keep saying that I cannot follow the logic to Saba’s actions, but maybe there just isn’t any.”
“This is starting to feel a bit like Groundhog Day.”
“Saba is back again, stuck in a loop, proposing to take control of EWI’s board with the same set of directors, who lack the necessary experience in UK-listed closed-end funds to manage a trust like EWI.”
Read the article here