Yeah, the 1.5% fee is definitely a drag!
However, for $1 you're getting $1.17 of NTA at the current price, plus the benefit of the profit reserves for franking.
That's a good enough discount for me. Any benefits from structural change and NTA discount reduction is creme on top. Personally the status quo of re-investing franked dividends at a big NTA discount works for me quite well. Pity it probably won't last that long until something structural happens given the movements on the register.
Yeah, the 1.5% fee is definitely a drag!However, for $1 you're...
Add VG1 (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.88 |
Change
0.035(1.90%) |
Mkt cap ! $567.1M | |||
| Open | High | Low | Value | Volume |
| $1.84 | $1.90 | $1.84 | $910.3K | 483.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 49477 | $1.87 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.89 | 586 | 1 |
View Market Depth
| Last trade - 16.10pm 16/05/2024 (20 minute delay) ? |
| VG1 (ASX) Chart |