That makes sense, the manager in charge of that fund would rather own it than not. It presumably fits into their portfolio for a good reason, while others that don’t own it or short it have their own reasons too. Appears to have bought in Apr/May 2017 and sold down a little in Nov 2017 and nothing since, at least up to the fund’s annual report. Is your point that they are great at picking mining stocks and so this is a good stock as they own it? Unfortunately, it has underperformed its benchmark over 1, 3, 5, 10 years, as well as since inception. That’s not to say things will continue as past performance is no guarantee of future performance...
- Forums
- ASX - By Stock
- GXY
- Banter and General Comments
Banter and General Comments, page-4501
-
- There are more pages in this discussion • 16,531 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)