Wow, what a crushing fall for TMC - $4.14!
It would be hard for a fund manager running a fund like Karl does to hold onto all his investors if you keep putting them through so much stress like like this.
As I said before, there is nothing wrong with the TMC investment and hanging onto it if you believe it is massively undervalued, but I just feel like he does not have the right investors with him - IMO, this is not the type of high risk strategy he sold to investors.
If he keeps this up and the discount to NTA persists and gets wider, I would not be surprised if Wilsons gets on board trying to close down this listed vehicle and cash in at NTA.
Wow, what a crushing fall for TMC - $4.14! It would be hard for...
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Last
72.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $214.6M | |||
| Open | High | Low | Value | Volume |
| 72.0¢ | 72.0¢ | 71.0¢ | $88.90K | 124.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 17034 | 71.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 72.0¢ | 28095 | 2 |
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| Last trade - 15.28pm 22/07/2024 (20 minute delay) ? |
| CDM (ASX) Chart |