agreed it is one of the better funds hence premium.
but the cash reserves are less than a year and well under average 3-4 years reserve. even AFI has about 4 years reserve which also trades at a premium.
it's very volatile out there, some shares are dropping 50%. low cash reserves should mean Div cut.
just take care...
DYOR don't depend on my interpretations.
l can be wrong!
cheers
Staying ahead of the retiree Income LIC shakeout, page-36
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Last
$1.45 |
Change
0.000(0.00%) |
Mkt cap ! $1.608B | |||
| Open | High | Low | Value | Volume |
| $1.45 | $1.45 | $1.44 | $1.051M | 727.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 52 | 424726 | $1.44 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.45 | 9997 | 1 |
View Market Depth
| Last trade - 16.10pm 17/06/2024 (20 minute delay) ? |
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Last
$1.44 |
Change
0.000 ( 0.23 %) |
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| Open | High | Low | Volume | ||
| $1.45 | $1.45 | $1.44 | 512848 | ||
| Last updated 15.55pm 17/06/2024 ? | |||||
| WAM (ASX) Chart |
