Yes, that was quite aggressive for a time this afternoon, wasn't it. To be honest, I am perplexed why people are selling when there is a known (effective) buyback in place and the SP remains well below NAV. I suspect it might be relief selling for some who have been underwater for so long that now they have a chance to perhaps breakeven or book a small profit. Personally I still would be a buyer rather than a seller even though I am momentarily in profit on my holding. My next point of thinking whether to sell would be when the NAV gets to $2 and performance fees start kicking in. We're quite a way from that still.
NTA now at 1.79, page-9
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Last
$3.15 |
Change
-0.040(1.25%) |
Mkt cap ! $1.960B | |||
| Open | High | Low | Value | Volume |
| $3.17 | $3.20 | $3.15 | $965.5K | 304.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 36553 | $3.15 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.17 | 3596 | 1 |
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| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| LSF (ASX) Chart |