I’m a long term holder and have taken the opportunity to sell half my holding at $1.155, with the option of buying back at $1.10 under the UPP, or on market if the share price falls below NTA. I think they call this arbitrage.
I have little understanding of the underlying assets of the fund and leave that to Michael Korber and his team who have a solid track record. NTA has been rangebound past few years ($1.08/$1.10) which you would expect. What I don’t understand is why you would pay a premium.
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Last
$1.18 |
Change
-0.010(0.84%) |
Mkt cap ! $574.2M | |||
| Open | High | Low | Value | Volume |
| $1.19 | $1.19 | $1.18 | $921.3K | 780.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 111200 | $1.17 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.18 | 9553 | 1 |
View Market Depth
| Last trade - 16.10pm 20/06/2025 (20 minute delay) ? |
| PCI (ASX) Chart |