I reckon you will get your shot.
As in I think they will recover $2 over this cycle with Copper really driving it.
The LIC's all go through some out of favour sentiment when they have had underpeformance or raisings. I think the $2 raise was the killer for this one. I have a core holding and add/trim around copper moves. If you look at RF1, OPH, PIA, SEC they have all had it and still are trading at a discount just they managed to clear the selling and jumped. I reckon this will be $1.80-$2.00, once the selling clears from unhappy holders. If the NTA climbs to $2.20+ then it will pop, it just will. I was in it at $1.00 and also at $3.00 im just a bit smarter about it at the moment.
Hope you can come out +ve.
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I reckon you will get your shot. As in I think they will recover...
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Last
$1.69 |
Change
-0.025(1.46%) |
Mkt cap ! $133.5M |
Open | High | Low | Value | Volume |
$1.70 | $1.70 | $1.69 | $43.62K | 25.79K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 22500 | $1.68 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.70 | 33326 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 22500 | 1.680 |
1 | 2900 | 1.660 |
1 | 1500 | 1.650 |
1 | 608 | 1.645 |
1 | 8000 | 1.640 |
Price($) | Vol. | No. |
---|---|---|
1.700 | 33326 | 2 |
1.720 | 60640 | 1 |
1.740 | 3000 | 1 |
1.750 | 6417 | 2 |
1.760 | 8000 | 1 |
Last trade - 15.06pm 30/05/2024 (20 minute delay) ? |
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