How is this for a scenario: You own a small portfolio of 9 companies. The companies are very small listed companies with volatile earnings profiles. You then proceed to gear the portfolio using a $17.5M debt instrument with inbuilt financial penalties if the LTV ratio exceeds 45%. The value of the portfolio crashes to the point where you may need to sell a small part of your largest holding in which you own 127,614,019 shares (14% of the company).
ASX: MOV > Today. No depth. Zero sales. Chart in downtrend. Last traded @ $0.30. One buyer at $0.23. Mission impossible.
Ann: NTA & Portfolio Update - June 2024, page-2
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Last
49.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $21.04M | |||
| Open | High | Low | Value | Volume |
| 49.5¢ | 49.5¢ | 49.0¢ | $30.51K | 62.00K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5233 | 49.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 50.0¢ | 33826 | 1 |
View Market Depth
| Last trade - 15.31pm 31/10/2024 (20 minute delay) ? |
| NAC (ASX) Chart |