Fund has been trading at 15% discount for years and management still do not see the need to commence buy-back!
What are they waiting for? A 20 or 30% discount?
Instead they saw the need to issue options... What a bunch of clowns not even hiding that their priority is increasing FUM to collect fees, not TSR.
I bought this broken clock (Value, China stocks) thinking it might be correct eventually. But it's just a dud.
Time to move on soon.
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 (20min delay)
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Last
$1.31 |
Change
0.005(0.38%) |
Mkt cap ! $388.6M | |||
| Open | High | Low | Value | Volume |
| $1.31 | $1.32 | $1.31 | $357.0K | 272.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 35881 | $1.31 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.32 | 55000 | 1 |
View Market Depth
| Last trade - 13.44pm 16/06/2025 (20 minute delay) ? |
| PMC (ASX) Chart |