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.
I’m a long term holder and have taken the opportunity to sell...
Add PCI (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.14 |
Change
0.000(0.00%) |
Mkt cap ! $551.6M | |||
| Open | High | Low | Value | Volume |
| $1.14 | $1.14 | $1.14 | $14.79K | 13.03K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 88992 | $1.13 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.14 | 150456 | 2 |
View Market Depth
| Last trade - 10.07am 04/10/2024 (20 minute delay) ? |
| PCI (ASX) Chart |