I do agree with what you are saying but I would point out that if retail investors still want to sell down to the same discount to NTA then that will be reflected in another 20% drop in the share price. So 20% drop in NTA with the same discount as we currently have will mean 20% drop in share price. Now I am not saying we will see such crazy depths plumbed but just setting the maths right. I have nothing more to say.
I do agree with what you are saying but I would point out that...
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Last
$1.26 |
Change
0.040(3.29%) |
Mkt cap ! $749.6M | |||
| Open | High | Low | Value | Volume |
| $1.23 | $1.26 | $1.23 | $1.130M | 913.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3064 | $1.25 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.26 | 25973 | 5 |
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| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| COF (ASX) Chart |