The Bell Potter LIC report indicates that the average discount to NTA for CIN over the last 5 years is 19.1%.
The highest has been 24.4% and the lowest 10.5%.
The current discount to NTA is 24.18% so I stand by my statement that the discount to NTA is high by historical standards.
I agree that a LIC with such a high weighting in one stock is unusual and you would have to have a favourable view on EVT to hold.
I do, and I have been acquiring over the last few months, however this position will only be a small portion of my holdings (less than 4%).
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The Bell Potter LIC report indicates that the average discount...
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Last
$30.30 |
Change
-0.560(1.81%) |
Mkt cap ! $802.1M |
Open | High | Low | Value | Volume |
$30.20 | $30.77 | $30.20 | $113.0K | 3.713K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1023 | $30.15 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$30.30 | 125 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1023 | 30.150 |
1 | 328 | 30.120 |
2 | 211 | 30.000 |
1 | 665 | 29.840 |
1 | 1000 | 29.810 |
Price($) | Vol. | No. |
---|---|---|
30.300 | 125 | 2 |
30.400 | 64 | 1 |
30.500 | 2000 | 2 |
30.890 | 500 | 1 |
30.900 | 2000 | 1 |
Last trade - 14.53pm 13/05/2024 (20 minute delay) ? |
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MGU
MAGNUM MINING AND EXPLORATION LIMITED
Neil Goodman, MD
Neil Goodman
MD
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