The NTA may have levelled out. The last three weekly NTA announcements have all been very similar. Meanwhile holders continued to bail out, causing the SP to continue to fall, increasing the NTA-SP discount.
The post-tax NTA-SP discount at the close on Friday was 73 cents, or 25%.
Have the fund managers come out of their coma? Will they manage to steer the NTA away from further damage?
The NTA may have levelled out. The last three weekly NTA...
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