AFI 0.14% $7.15 australian foundation investment company limited

afi or direct shares, page-64

  1. 1,579 Posts.
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    Nta probably around $6.05 now.

    I am backing that the discount has arisen due to the conversion of the notes. There was a nice arbitrage even when the afi dipped back to $5.70 so many ex note holders would have sold straight after conversion.

    Going forward, the discount will likely erode, especially as we approach the August dividend.
 
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