What was the strange wording?
At $1.14 MEC is probably close to NTA right now -- it's unhedged and the AUD has kept dropping. I like the shorting ability too. But yeah it's such early days, I don't know if it will stick at NTA or trade at a discount at some point and be better value.
Maybe split your money and get some of each? Or a smaller parcel of MECO for now and the rest in HHV.
Ann: NAV Update, page-4
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Last
97.5¢ |
Change
-0.020(2.01%) |
Mkt cap ! $37.54M | |||
| Open | High | Low | Value | Volume |
| 99.5¢ | $1.00 | 97.5¢ | $19.71K | 19.89K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 17982 | 97.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 99.0¢ | 10000 | 1 |
View Market Depth
| Last trade - 15.58pm 02/07/2024 (20 minute delay) ? |
| MEC (ASX) Chart |