I agree that the current portfolio looks pretty good & the overweight in gold is flying. I don’t know why people buy in at lic ipo’s, the chances are they’ll drop around 10% from NTA (which is inevitably less than original investment anyway) allocate the funds too quickly so underperform & then get a bigger discount which panics investors who sell & pressures the managers who do buy backs & change mandates. Better to wait for a couple of years when things have played out & buy at a big discount. Now is the best time to buy on a risk reward basis.
I agree that the current portfolio looks pretty good & the...
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Last
$1.06 |
Change
-0.040(3.65%) |
Mkt cap ! $29.24M | |||
| Open | High | Low | Value | Volume |
| $1.06 | $1.06 | $1.06 | $10.60K | 10.00K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1 | $1.09 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.10 | 25840 | 3 |
View Market Depth
| Last trade - 11.25am 16/06/2025 (20 minute delay) ? |
| FPC (ASX) Chart |