PGF 0.85% $2.34 pm capital global opportunities fund limited

Ann: Dividend Reinvestment Plan, page-4

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  1. 1,117 Posts.
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    Well said Wang. I think there are a couple of ways to look at it. Take DJW for example, trading at a 39% premium recently and its DRP price is the 5 day average sp ex div. This means that you get more shares via the DRP than you would have if it was priced at NTA. If then you get a SP collapse (like PGF did from $1.10 to $0.89), you have been given a bigger exposure to take a hit on. But the converse may also be true. Perhaps a more even outcome would be to price at NTA, who knows. But goddie3shoes, I don't think you can say people are getting 'sucked in'. That is just demonstrating a lack of understanding of how LICs and the premium/discount to NTA issue works.
 
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Last
$2.34
Change
-0.020(0.85%)
Mkt cap ! $1.120B
Open High Low Value Volume
$2.36 $2.38 $2.32 $800.6K 341.6K

Buyers (Bids)

No. Vol. Price($)
3 10686 $2.34
 

Sellers (Offers)

Price($) Vol. No.
$2.35 20000 1
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Last trade - 16.10pm 31/10/2024 (20 minute delay) ?
PGF (ASX) Chart
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