The Directors of Contango Global with a 13% discount to NTA and sub index performance has done the right thing by shareholders and begun a buyback . NSC which has significantly worse performance and a similar discount, so our Directors must now show they hold shareholder interests ahead of the manager by following suit.
Clearly Naos does not the brand or approvals to generate buying from the LIC space so this is the only option for Directors until Naos lift their game. Of course they could appoint O.C Funds who have achieved 33% return this last calendar year................DYOR
The Directors of Contango Global with a 13% discount to NTA and...
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Last
47.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $63.43M | |||
| Open | High | Low | Value | Volume |
| 46.5¢ | 47.0¢ | 46.5¢ | $6.032K | 12.96K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 3264 | 46.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 47.0¢ | 75578 | 4 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| NSC (ASX) Chart |