Have a look at the discount to NTA? It's a reflection on management's indifference to shareholder returns over an extended period. Where's the buyback? Given the discount to NTA a serious buyback would add far more risk return value than their own portfolio selections.
The holdings profile has barely moved over 10 years, where are the growth companies?
CIN is a great ad for avoiding LICs altogether and heading over to ETFs.
Ann: Dividend/Distribution - CIN, page-9
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Last
$30.10 |
Change
0.000(0.00%) |
Mkt cap ! $795.7M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 800 | $29.99 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $30.50 | 323 | 1 |
View Market Depth
| Last trade - 09.55am 12/11/2024 (20 minute delay) ? |
| CIN (ASX) Chart |
Day chart unavailable