As I've written at much higher prices, there is no thesis here.
Investing in TGP is like investing directly in HPI and TOT but paying Tony & team 1.5% management fees plus a 15% performance fee. Why do this when you can just invest directly in those stocks and not pay any performance fee.
In addition, neither HPI or TOT are at prices that I would deem to be attractive.
So why would anyone invest?
Ann: Notification of cessation of securities - TGP, page-8
Add TGP (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
61.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $140.2M | |||
| Open | High | Low | Value | Volume |
| 61.0¢ | 61.0¢ | 61.0¢ | $5 | 9 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 27 | 60.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 60.5¢ | 1440 | 1 |
View Market Depth
| Last trade - 10.09am 17/06/2024 (20 minute delay) ? |
|
|||||
|
Last
62.0¢ |
Change
0.000 ( 4.20 %) |
||||
| Open | High | Low | Volume | ||
| 62.0¢ | 62.0¢ | 62.0¢ | 406213 | ||
| Last updated 14.51pm 17/06/2024 ? | |||||
| TGP (ASX) Chart |
