Don't know why it went up
The result was poor and it has only gotten worse recently with NTA at $3.38 Mon vs $3.81 at 31/12 - a drop of 12% in less than 2 months (probably even worse after this week)
The dividend commentary was probably a catalyst for the increase but if the NTA keeps declining the gains from the divi will be wiped out by a week or two of capital losses.
Uncertainty in Ukraine and the threat of interest rate rises will probably see their tech/growth focussed portfolio struggle for a while.
I do like this fund and the charitable focus so hope it works out well longer term but the market is a mean and nasty place at the moment
Don't know why it went up The result was poor and it has only...
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Last
$2.59 |
Change
-0.010(0.38%) |
Mkt cap ! $593.0M | |||
| Open | High | Low | Value | Volume |
| $2.58 | $2.60 | $2.58 | $497.2K | 191.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4331 | $2.59 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.61 | 21690 | 5 |
View Market Depth
| Last trade - 15.57pm 14/06/2024 (20 minute delay) ? |
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Last
$2.60 |
Change
-0.010 ( 0.77 %) |
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| Open | High | Low | Volume | ||
| $2.60 | $2.60 | $2.59 | 12182 | ||
| Last updated 15.54pm 14/06/2024 ? | |||||
| HM1 (ASX) Chart |