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!
Wind it up! If anything, this stock demonstrates the inherent...
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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 |