Have a look at the discount to NTA? It's a reflection on management's indifference to shareholder returns over an extended period. Where's the buyback? Given the discount to NTA a serious buyback would add far more risk return value than their own portfolio selections.
The holdings profile has barely moved over 10 years, where are the growth companies?
CIN is a great ad for avoiding LICs altogether and heading over to ETFs.
Have a look at the discount to NTA? It's a reflection on...
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Last
$30.28 |
Change
0.030(0.10%) |
Mkt cap ! $801.4M | |||
| Open | High | Low | Value | Volume |
| $30.28 | $30.28 | $30.28 | $3.028K | 100 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 329 | $30.29 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $30.40 | 2131 | 2 |
View Market Depth
| Last trade - 12.34pm 24/05/2024 (20 minute delay) ? |
| CIN (ASX) Chart |