spoke to CIO of Alan Gray . The stock was inherited years ago when they took over another fund . The holdings is less than 12 basis points of the fund and thus too small to allocate research time too.
the SP pressure is simply AG selling , and to offset this a number of new boutiques funds entering . This is one of these situations described in Seth klarmans book margin of safety where an insto exiting creates a big opportunity.
No doubt aVG currently trading at less than 25% of NTA presents massive margin of safety
spoke to CIO of Alan Gray . The stock was inherited years ago...
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add AVG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
16.0¢ |
Change
0.010(6.67%) |
Mkt cap ! $52.71M | |||
| Open | High | Low | Value | Volume |
| 15.3¢ | 16.0¢ | 15.0¢ | $49.61K | 320.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 91809 | 15.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.0¢ | 130090 | 4 |
View Market Depth
| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| AVG (ASX) Chart |