LIC's generally trade at a discount (market dependant). There is a fee impost on the management of the LIC 1.5% PA and also a liquidity risk priced in (ability to turn positions into cash).
In a frothy market, we may get back to NTA or even trade at a premium. Timeframe ???
I do think this LIC has done really well considering what has gone on and I love the fact the management fees are all donated to great causes. Some really great minds picking the stocks and that has shown with the performance.
- Forums
- ASX - By Stock
- HM1
- Ann: Weekly NTA Estimate
Ann: Weekly NTA Estimate, page-3
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add HM1 (ASX) to my watchlist
(20min delay)
|
|||||
Last
$2.81 |
Change
-0.040(1.40%) |
Mkt cap ! $643.4M |
Open | High | Low | Value | Volume |
$2.85 | $2.85 | $2.81 | $337.8K | 119.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 26344 | $2.81 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.84 | 1310 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 26344 | 2.810 |
2 | 9086 | 2.800 |
2 | 14870 | 2.750 |
2 | 13663 | 2.730 |
1 | 12000 | 2.720 |
Price($) | Vol. | No. |
---|---|---|
2.840 | 1310 | 1 |
2.850 | 22745 | 2 |
2.860 | 2500 | 1 |
2.870 | 9292 | 3 |
2.880 | 12720 | 4 |
Last trade - 16.10pm 25/09/2024 (20 minute delay) ? |
Featured News
HM1 (ASX) Chart |
The Watchlist
BPH
BPH ENERGY LTD
David Breeze, Managing Director and Executive Chairman
David Breeze
Managing Director and Executive Chairman
SPONSORED BY The Market Online