AFI 0.54% $7.30 australian foundation investment company limited

"what I see as a nice discount to pre-tax NTA."What I see is a...

  1. 377 Posts.
    lightbulb Created with Sketch. 119
    "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.


 
watchlist Created with Sketch. Add AFI (ASX) to my watchlist
(20min delay)
Last
$7.30
Change
-0.040(0.54%)
Mkt cap ! $9.136B
Open High Low Value Volume
$7.33 $7.34 $7.29 $2.494M 340.8K

Buyers (Bids)

No. Vol. Price($)
2 110 $7.29
 

Sellers (Offers)

Price($) Vol. No.
$7.31 4864 1
View Market Depth
Last trade - 16.10pm 24/07/2024 (20 minute delay) ?
AFI (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.