Speaking with a sound knowledge of investment banking and risk management I would admit the move made by Merchant Fund is to de risk themselves and ensure in a black swan event (mentioned by Dr T) they walk away with something to show their shareholders. However - they still have big skin in the game and are awaiting for outsized returns.
Speaking with a sound knowledge of investment banking and risk...
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Last
$1.84 |
Change
-0.025(1.34%) |
Mkt cap ! $313.3M | |||
| Open | High | Low | Value | Volume |
| $1.89 | $1.91 | $1.81 | $257.6K | 138.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 26825 | $1.84 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.90 | 759 | 1 |
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| RAC (ASX) Chart |