"what I see as a nice discount to pre-tax NTA."
What I see is a shift in sentiment away from LIC's and into cheap ETF's. It's a fact that that's where money is going.
That's all I'm really saying. Furthermore, nobody has really challenged my comments.
@rivella - it's clear that when you look purely at a price chart, you'll see that the AFIC share price has appreciated by 18% over 10 years. Even my broker platform which shows total returns shows AFIC appreciating by 5.5% over a 10 year period. So If I'm wrong, then so are they.
I still firmly believe that from here-on-in, AFIC will trade at a discount to NTA - Permanently. It'll be around forever, but it's challenged.
Ann: NTA & Top 25 Investments as at 31 May 2024, page-5
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Last
$7.43 |
Change
-0.030(0.40%) |
Mkt cap ! $9.346B | |||
| Open | High | Low | Value | Volume |
| $7.41 | $7.46 | $7.40 | $3.056M | 411.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 6373 | $7.43 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.46 | 4051 | 3 |
View Market Depth
| Last trade - 16.10pm 02/10/2024 (20 minute delay) ? |
| AFI (ASX) Chart |