A manager that buys its FUM against the wishes of a substantial group of shareholders and then significantly under performs returning a COMPOUND MINUS 26.6% over 3 years is highly unlikely to maintain its dividend. Firstly its not in the managers interest, as they paid for the FUM. The stock is geared and is by underperformance increasing its gearing, so the Bankers at least if not the fund manager Directors will fear that the stock is becoming a PONSI scheme quoting a likely fictitious yield. DYOR
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Last
47.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $63.43M | |||
| Open | High | Low | Value | Volume |
| 46.5¢ | 47.0¢ | 46.5¢ | $6.032K | 12.96K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 3264 | 46.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 47.0¢ | 75578 | 4 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| NSC (ASX) Chart |