Not necessarily. Just means they buy companies with a SP they think will appreciate as opposed to a short fund that invests in things they think will fall.
They will happily take profits in either the short or long term...often they will try to take some profits early so that the remaining investment is essentially free.
Ann: Proposed $50 Million Capital Facility, page-58
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Last
$12.15 |
Change
0.350(2.97%) |
Mkt cap ! $256.8M | |||
| Open | High | Low | Value | Volume |
| $11.80 | $12.15 | $11.21 | $376.0K | 32.22K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 139 | $12.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $12.15 | 830 | 1 |
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| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| AVR (ASX) Chart |