Anyone here hold NFNG? (NUF's perpetual securities)

  1. 291 Posts.
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    Hi There

    Just wondering if anyone is holding NFNG or considering buying in considering the price decline (probably due to the same reasons for NUF's decline).

    The current yield is around ~6.5%. Looks attractive. Also there is only about $50m on issue making the distribution payments about $3 - 4M annually, which isnt much to the organisation as a whole

    Value trap or stay away due to the broader NUF concerns

 
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Last
$2.38
Change
0.050(2.15%)
Mkt cap ! $911.6M
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