The credit funds are still trading around NAV. With the higher Interest rates what are the chances of Bad Debts arising in the portfolio. For that reason I would now be looking for at least a 5% discount to NAV. I am hoping Metrics credit management are really managing this as in a recession it can get quite scary.
In the meanwhile as the new loans come on board yield will start to rise. I would expect near 8.00% yield by December.
The credit funds are still trading around NAV. With the higher...
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Last
$2.20 |
Change
0.010(0.46%) |
Mkt cap ! $728.8M | |||
| Open | High | Low | Value | Volume |
| $2.20 | $2.21 | $2.19 | $1.211M | 549.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 54659 | $2.20 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.21 | 151415 | 5 |
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| Last trade - 16.10pm 26/06/2024 (20 minute delay) ? |
| MOT (ASX) Chart |