My 2 cents.
Agree that this will provide the company arbitrage leverage to bring both prices close to NTA.
But I don't understand its structure. P25PA has a trustee, so it seems it is running a trust fund. But the prospectus also says the divvy will aim to be franked max possible. I am confused.
My 2 cents. Agree that this will provide the company arbitrage...
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Last
$2.26 |
Change
-0.010(0.44%) |
Mkt cap ! $1.081B | |||
| Open | High | Low | Value | Volume |
| $2.29 | $2.29 | $2.26 | $370.3K | 162.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 116132 | $2.26 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.29 | 59155 | 3 |
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| Last trade - 16.10pm 03/10/2024 (20 minute delay) ? |
| PGF (ASX) Chart |