Seriously, how can this possibly continue to operate...
There is zero liquidity, for what is an absolute dog.
It's such a shame they are getting away with it all... thanks to their unlisted assets that no one wants to go near.
Usually someone would make a play for a LIC with such a huge discount...
Problem for this... no one believes for a second their valuations for their unlisted assets.
TEK is the epitome of the closed fund investment space. Horrible performance, no liquidity, only benefits the fat cat manger, and nothing to be done about it.
Ann: Net Tangible Asset Backing May 2024 with commentary, page-14
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Last
12.5¢ |
Change
-0.005(3.85%) |
Mkt cap ! $49.38M | |||
| Open | High | Low | Value | Volume |
| 13.5¢ | 13.5¢ | 12.5¢ | $89.37K | 687.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 463745 | 12.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.0¢ | 50000 | 1 |
View Market Depth
| Last trade - 16.10pm 19/08/2024 (20 minute delay) ? |
| TEK (ASX) Chart |