AFI 0.13% $7.42 australian foundation investment company limited

Ann: NTA & Top 25 Investments as at 31 May 2024, page-5

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  1. 397 Posts.
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    "what I see as a nice discount to pre-tax NTA."

    What I see is a shift in sentiment away from LIC's and into cheap ETF's. It's a fact that that's where money is going.

    That's all I'm really saying. Furthermore, nobody has really challenged my comments.

    @rivella - it's clear that when you look purely at a price chart, you'll see that the AFIC share price has appreciated by 18% over 10 years. Even my broker platform which shows total returns shows AFIC appreciating by 5.5% over a 10 year period. So If I'm wrong, then so are they.

    I still firmly believe that from here-on-in, AFIC will trade at a discount to NTA - Permanently. It'll be around forever, but it's challenged.


 
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Last
$7.42
Change
-0.010(0.13%)
Mkt cap ! $9.329B
Open High Low Value Volume
$7.42 $7.46 $7.38 $1.755M 236.6K

Buyers (Bids)

No. Vol. Price($)
3 60468 $7.42
 

Sellers (Offers)

Price($) Vol. No.
$7.45 21172 3
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Last trade - 16.10pm 01/11/2024 (20 minute delay) ?
AFI (ASX) Chart
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