"If you mean dilution of assets (NTA), then no it wasn't. $1.90 is above the NTA so everyone who bought at $1.90 give a free boost to existing shareholder's assets. Thanks everyone, I appreciate your contribution to my NTA (and to other existing shareholders).
I always value LICs at their NTA and try to buy good ones below the NTA. NTA is long term and market price is very short term. "
Correct, & good points no. IMO for LIC performance and dilution NTA should be the focus.
Share price comes into calculation for buying, selling or arbitrage.
"Price is what you pay; value is what you get" W.B.
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Last
$1.30 |
Change
-0.005(0.38%) |
Mkt cap ! $155.0M | |||
| Open | High | Low | Value | Volume |
| $1.31 | $1.31 | $1.30 | $60.90K | 46.77K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 18905 | $1.27 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.33 | 7537 | 1 |
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| Last trade - 12.13pm 05/11/2024 (20 minute delay) ? |
| CYG (ASX) Chart |