MAM is not a LIC. They have listed the funds management business.
The problem with LICs is that that they usually trade below net asset valuation, where as the managed funds are always marked to market. Hard to understand why this is the case, but there are a some good value LICs out there trading 20% below net assets.
Down on the IPO price, page-28
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Last
52.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $68.93M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 961 | 52.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 60.0¢ | 4850 | 1 |
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| Last trade - 16.12pm 09/08/2024 (20 minute delay) ? |
| MAM (ASX) Chart |
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