I don't think I'd consider the Axe, especially if it lists on the NSX as originally announced: https://www.nsx.com.au/ftp/news/021733146.PDF (did they change this in a subsequent announcement??)
With HML and BHD there's been at least enough liquidity to trade around them a bit and enhance returns (ignoring the fact that HML has been completely illiquid for nearly a year lol). With Axe on the NSX, you could easily find yourself in a situation where you want to reduce your exposure but find no buyers at all.
Which leads into your point about the true value of JBL - it hardly ever trades, so even if it's recently traded at $2.00, who really knows what will happen if it ever hits the ASX.
Whimps, page-24
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Last
22.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $5.434M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 100000 | 18.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 24.0¢ | 37196 | 1 |
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| Last trade - 16.12pm 08/11/2024 (20 minute delay) ? |
| BHD (ASX) Chart |
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