I'm glad you managed to let go of the past and took the plunge to buy some when it was trading at such a massive discount to NTA. I think I got in when it was around a 30% discount to NTA, so I didn't pick the bottom, but at the same time, I'm glad I avoided the debacle some here got stuck in.
I know what you mean about trust. It takes a long time to build up, and can very quickly get smashed.
While the discount to NTA is still around 20%, it has closed somewhat, and the share price is going in the right direction. Most importantly, I feel comfortable holding this as the NTA closes because I can see that Karl has clearly learnt his lesson. You can see that in the presentations, his emphasis on ensuring there are a more diverse range of less correlated stocks, and more stocks with sufficient liquidity, if they need it. You described it well that there are a core group of quality stocks, domestic and international, with a couple of smaller cap potential rockets as well to add to spice.
I doubt you will see him making the same mistake twice.
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Last
72.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $216.0M |
Open | High | Low | Value | Volume |
73.0¢ | 73.5¢ | 72.5¢ | $107.2K | 146.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 14558 | 72.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
73.0¢ | 50 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 14558 | 0.725 |
6 | 56338 | 0.720 |
5 | 49898 | 0.715 |
2 | 85173 | 0.710 |
6 | 215090 | 0.705 |
Price($) | Vol. | No. |
---|---|---|
0.730 | 50 | 1 |
0.735 | 92301 | 5 |
0.740 | 96565 | 3 |
0.745 | 56080 | 3 |
0.750 | 179278 | 7 |
Last trade - 14.15pm 27/08/2024 (20 minute delay) ? |
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Dani Nadri, Country Manager Australia
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Country Manager Australia
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