10 (Ten) year performance chart ! When will the gap close again...

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peejay2

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16/05/25

14:19

Post #: 79073944
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Originally posted by peejay2: ↑

Joe, at least we agree about the cash weighting ! Discounts to NTA are fine…. But at some stage they
have ? To close……. Or do they ? What will be the catalyst for GC1 to close ? Yes, the stock quality has improved dramatically, but the problem with LICs (and you only have to look at the Wilson stable of funds) is that the SP movement isn’t necessarily dependent on the managers performance or return. It’ s dependent on the confidence of current and potential investors. If there is little confidence in the fund and/or manager per se, then investors will not buy in and if there is no capital appreciation and or, as it has happened that the SP and/or performance declines dramatically, if there are few new buyers and no strength, then current investors will be either locked in at a loss or on weakness of demand. Yes, GC1 now, doesn’t have a bad portfolio of holdings and has a healthy cash balance, but a stocks SP will only go up if the market (and that includes potential investors) recognises the managers expertise to add value which leads to a rising SP and the ability to (eventually) extract a capital gain. This ain’t happened now for years !

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10 (Ten) year performance chart ! When will the gap close again ?
After Tax NTA 75 cents… SP. 47 cents. Check the percentage discount again !
it doesn’t look as if buyers are in a hurry to get on board ?

GC1 Price at posting: 47.0¢ Sentiment: None Disclosure: Held
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(20min delay)
Last 48.0¢		Change -0.005(1.03%)		Mkt cap ! $23.15M

Open	High	Low	Value	Volume
46.5¢	48.0¢	46.5¢	$9.452K	20.31K

Buyers (Bids)

No.	Vol.	Price($)
1	17258	46.5¢

Sellers (Offers)

Price($)	Vol.	No.
48.0¢	16310	1

View Market Depth

No.	Vol.	Price($)
1	17258	0.465
1	17002	0.460
2	61515	0.455
1	18650	0.450
1	5000	0.445

Price($)	Vol.	No.
0.480	16310	1
0.490	22335	1
0.500	20000	1
0.525	16849	1
0.535	20000	1

Last trade - 15.13pm 13/06/2025 (20 minute delay)

GC1 (ASX) Chart

10 (Ten) year performance chart ! When will the gap close again...

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10 (Ten) year performance chart ! When will the gap close again...

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