According to the AFR, the largest insto holder of ISX has marked down its carrying value of their investment to 53.5c/share
I am intrigued by this and was wondering if anyone owns units in LHC to verify this information
2 schools of thought
1. They are not as confident in their holding as they were previously and are being prudent with their carrying value of the investment.
2. They are punishing anyone who is thinking about redeeming their units with such a savage writedown of their largest investment.
Possibly a way of preventing redemptions before the stock trades again
- Forums
- ASX - By Stock
- Largest insto holder of ISX allegedly marks down carrying value by 50%
According to the AFR, the largest insto holder of ISX has marked...
-
- There are more pages in this discussion • 173 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
NEWS
Week 31 Wrap: JORC rules to get tougher; RBA rate hike chance 50/50; US Fed Sept cut still the quo
NEU
Neuren Pharmaceuticals dips after pediatric Angelman Syndrome Phase 2 trial results fail to impress
BOE
Uranium prices on the NYMEX are stable, but ASX uranium stocks are sinking on Friday. The answer lies in Kazakhstan
NEWS
Is oil undervalued?