Buybacks at an NTA discount are NTA accretive but to see material gain from that, you need to buy back a huge amount of stock. Buying back a full 10% of a fund at a 20% NTA discount would move NTA by just 2%.
- Forums
- ASX - By Stock
- ALF
- Ann: Change in Portfolio Value
Ann: Change in Portfolio Value, page-9
-
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)