Great Document except for this.
1. 10% investment portfolio return since they took over but this 6 months if you take actual results and exclude the loss in portfolio value they only generated 1.6cents. very prudent to pay out 2.6c then.
2. The NTA has dropped by 3c from $1.21 to $1.18 over the year.
Reading the page you would hardly know that as they just highlight 12c profit reserve , increase in dividend ...
I am glad I sold
Ann: Increased fully franked interim div, FY2024 Interim Results, page-2
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