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.
Fund has been trading at 15% discount for years and management...
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Last
$1.28 |
Change
-0.020(1.54%) |
Mkt cap ! $378.2M | |||
| Open | High | Low | Value | Volume |
| $1.30 | $1.30 | $1.27 | $549.7K | 429.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 19999 | $1.28 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.29 | 22568 | 1 |
View Market Depth
| Last trade - 16.10pm 23/06/2025 (20 minute delay) ? |
| PMC (ASX) Chart |