And in the meantime, sold BKW in 2021. Also sold Altium not long after I believe and then paid up for Dominos in 2021 as well as acquiring more Dominos during the last pullback. Wonder if they'll be buying more Dominos now?
Also, I love the way that the CFO views AFIC's performance in relation to dividend increases and keeping up with inflation. Sure, an interim dividend from 11c to 11.5c is a 5% increase "in raw terms" as the CFO put it. But if the final dividend remains at 14c - As it has since 2013 then in "raw terms", the annual dividend appreciation for FY24 will be less than 2.5%.
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