Downing Strategic Micro-Cap sets out latest proposals for voluntary liquidation
The board of Downing Strategic Micro-Cap (DSM) has decided that “now is the appropriate time” for shareholders to vote on the potential voluntary liquidation of the company. DSM initially decided to return capital to shareholders in 2023, following a “dispiriting time for micro-cap stocks”, with shares trading at a discount of between 15% and 1%.…