Very compelling risk/return hence I brought a small position today. Would have been larger but due to my position in GQG i don't want too much concentration risk. There's an obvious mis-pricing with NAV now $10.46 per share and I believe the market is discounting management's ability to recycle capital through realising gains and buying another company at a lower valuation (GQG into Banner Oaks is a great example).
I posted about this mis pricing on the Fund Managers board in more detail, it took a while to get my head around the different boutiques otherwise I would have brought earlier. Looking forward to the December numbers.
Cheers,
Plague.
Very compelling risk/return hence I brought a small position...
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Last
$10.94 |
Change
0.110(1.02%) |
Mkt cap ! $571.0M | |||
| Open | High | Low | Value | Volume |
| $10.85 | $11.03 | $10.85 | $285.5K | 26.09K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 127 | $10.90 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.94 | 1066 | 1 |
View Market Depth
| Last trade - 16.10pm 15/10/2024 (20 minute delay) ? |
| PAC (ASX) Chart |