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
$1.47 |
Change
0.005(0.34%) |
Mkt cap ! $1.631B | |||
| Open | High | Low | Value | Volume |
| $1.47 | $1.47 | $1.46 | $1.508M | 1.031M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 11250 | $1.47 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.47 | 119185 | 4 |
View Market Depth
| Last trade - 16.10pm 10/05/2024 (20 minute delay) ? |
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Last
$1.47 |
Change
0.005 ( 0.68 %) |
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| Open | High | Low | Volume | ||
| $1.47 | $1.47 | $1.45 | 792934 | ||
| Last updated 15.54pm 10/05/2024 ? | |||||
| WAM (ASX) Chart |