Weekly NTA as of 14 Apr 2022: Pre-tax $3.53 Post-tax: $3.21
Weekly NTA as of 8 Jul 2022: Pre-tax $2.26 Post: $2.34
Pre-tax NTA is down a whopping 36% in 7 weeks.
Thankfully, their "primary goal is capital preservation and growth through the cycle." What a relief!
This reminds me of the Pandemic meltdown all over again. These cowboys were asleep at the switch then too. A complete absence of risk management.
Pure commodities have been appalling long-term holds and commodity companies are also boom bust. Both are very volatile. Neither are long-term macro hedges as their latest report argues. You need to time buying low and selling high, and rinse repeat.
As I sold out at $2.97, I hope TGF rides the current bust all the way down with max leverage.
Weekly NTA as of 14 Apr 2022: Pre-tax $3.53 Post-tax:...
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Last
$1.52 |
Change
0.020(1.33%) |
Mkt cap ! $119.7M | |||
| Open | High | Low | Value | Volume |
| $1.53 | $1.53 | $1.51 | $40.27K | 26.53K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 20247 | $1.52 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.53 | 6650 | 2 |
View Market Depth
| Last trade - 15.24pm 13/09/2024 (20 minute delay) ? |
| TGF (ASX) Chart |