Yep, fully agree, and from my own perspective, I don't mind re-investing franked dividends back into the NTA at a discount. It's a great little win-win for long-term investors. I really hate paying such a big management fee for the privilege of that though.
At a certain point though the management fee will no longer be "covered" by the discount, and I'll have to look elsewhere rather than keep subsidising the managers lifestyle.
Ann: Commencement of Increased On-Market Buy-back, page-7
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add VG1 (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$2.00 |
Change
0.000(0.00%) |
Mkt cap ! $542.6M | |||
| Open | High | Low | Value | Volume |
| $1.99 | $2.02 | $1.99 | $591.6K | 296.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3000 | $1.99 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.00 | 404 | 1 |
View Market Depth
| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| VG1 (ASX) Chart |