Wind it up!
If anything, this stock demonstrates the inherent dangers of LICs/closed funds.
That is, the consistent discount to NTA when you have a crappy performing fund manager. No one wants to buy into this, even with the massive discount.
Another reasons to consider ETFs/ETMFs/Unit Trusts. The ability to stay aligned to NTA can be invaluable. Although open funds do have their draw backs...tax consequence being just one.
On a side note, have you noticed every fund with "absolute return" in its name is always atrocious! Maybe its in the name!
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Last
$2.01 |
Change
-0.020(0.99%) |
Mkt cap ! $332.9M | |||
| Open | High | Low | Value | Volume |
| $2.02 | $2.02 | $2.00 | $1.478M | 735.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 455340 | $2.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.01 | 15000 | 1 |
View Market Depth
| Last trade - 15.25pm 16/06/2025 (20 minute delay) ? |
| MA1 (ASX) Chart |