That is a vote of confidence - presume this has been bought for their Small Cap fund, their blurb for which states: "Ausbil’s active investment process aims to exploit the inefficiencies across the small cap market, at all stages of the cycle and across all market conditions, with the aim of producing consistent and risk controlled outperformance."
Interesting to note that they are ranked 4th globally for AUD denominated small cap funds in terms of retruns over the past 2 years......
PAN Price at posting:
27.0¢ Sentiment: Buy Disclosure: Held
