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$1.52 forager australian shares fund

Ann: Daily share buy-back notice - Appendix 3E, page-5

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Evetsgold

233 Posts.

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20/07/21

11:13

Post #: 54625182
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Originally posted by peejay2: ↑

I wonder what Steve will use the funds for when MAI and some of his other choice picks have been taken over ? Theoretically he will be flush with cash and obvious share picks (in Australia anyway) are not exactly jumping out of their skins in terms of value. I saw the graph the other day of FOR profit and performance figures. Delighted that this past year has been a record and brought the SP back to life, but not happy that the SP and performance figures have been so lumpy ! Long term holders will do OK with FOR, but they will need to be long term to reap the benefit of any SP appreciation, cause they sure wouldn’t have for the two years previous to that !

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I hope he's just learnt his lesson about going down the quality curve when opportunities are slim. That really hurt him, if he can't find anything he'd be better off just sitting on cash than buying rubbish.

FOR Price at posting: $1.69 Sentiment: Buy Disclosure: Held
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