Next week VG1 NTA will likely be below my average buy price. It takes quite a talented manager to underperform the market with only a 55% exposure.
I built a position into VG1 and VG8 at a steep discount after the merger announcement.
It was a continuation of the "LIC consolidation" theme which had been good to me so far (APL, CIE, TGG, PAF...).
The catalyst was a potential take over or change of structure to get back to NTA, not outperformance.
However WAM Capital premium has dropped considerably after the merger of WIC/OZG and WGB is now trading at a discount so I doubt Geoff will be our saviour this time.
Next week VG1 NTA will likely be below my average buy price. It...
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 (20min delay)
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Last
$1.69 |
Change
0.020(1.20%) |
Mkt cap ! $420.8M | |||
| Open | High | Low | Value | Volume |
| $1.67 | $1.71 | $1.67 | $1.419M | 843.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 8000 | $1.65 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.70 | 5000 | 1 |
View Market Depth
| Last trade - 16.11pm 24/06/2025 (20 minute delay) ? |
| VG1 (ASX) Chart |