"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.
"what I see as a nice discount to pre-tax NTA."What I see is a...
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Last
$7.14 |
Change
0.020(0.28%) |
Mkt cap ! $8.936B | |||
| Open | High | Low | Value | Volume |
| $7.12 | $7.17 | $7.10 | $2.748M | 385.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 5067 | $7.13 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.14 | 15028 | 1 |
View Market Depth
| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| AFI (ASX) Chart |