Some great discussions and thoughts aired....thanks all
Yep...agreed....LSF is not for the feint of heart and it seems that others may have lost
some sleep over it as well, not just me...it was probably because I had/have a too high an
allocation to this LIC in my portfolio, probably around 15 - 20%....but if you worked in
the 30% discount to NTA....then the true exposure would have been over 25% and
as we saw it could drop 10% of NTA in a day. So a bad for LSF could see my portfolio
down 5 figures just for the lsf exposure
We should see another 5c rise in NTA on Monday, making yesterdays rise and mondays
coming rise an over 6% jump in NTA in two trading days,,,like I said when there hot...there hot
I get the feeling things are starting to line up for that run back to a par on the SP...which I reckon
will be between NTA of $2,35 to $2.40 with that tailwind of recent outperformance lowering
the current discount to under 20%....even though many will be exiting at that time
Just my thoughts anyway
Cheers Grant
Some great discussions and thoughts aired....thanks...
Add LSF (ASX) to my watchlist
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Last
$3.03 |
Change
0.000(0.00%) |
Mkt cap ! $1.885B | |||
| Open | High | Low | Value | Volume |
| $3.03 | $3.04 | $3.01 | $1.198M | 395.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 13185 | $3.02 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.03 | 33734 | 2 |
View Market Depth
| Last trade - 16.10pm 15/05/2024 (20 minute delay) ? |
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Last
$3.02 |
Change
0.000 ( 0.30 %) |
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| Open | High | Low | Volume | ||
| $3.03 | $3.03 | $3.01 | 55746 | ||
| Last updated 15.59pm 15/05/2024 ? | |||||
| LSF (ASX) Chart |