DUI 0.76% $5.23 diversified united investment limited

I'm hoping they get back into the groove on the buyback but...

  1. 4,729 Posts.
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    I'm hoping they get back into the groove on the buyback but without increasing gearing (bad timing) I think they'd need to crystallise some Capital Gains.

    Those unhedged US ETFs have been great for NTA but it's not immediately obvious how they might translate that into value for shareholders any time soon (we might get closer to NTA if interest rates start dropping again).

    Without any growth in dividend people seem happy to let the NTA gap expand.
 
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