Completely agree with the sediment. While the announcement is a positive in some ways it almost locks in the fact the fund will be cashflow negative for a few more years. No business or fund can remain cashflow negative indefinitely. I recently sold URFPA based on this. I think the best outcome for holders would be a wind up of the fund. I'll be sitting on the sidelines ready to jump in if there is any talk of a wind up.
Completely agree with the sediment. While the announcement is a...
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Last
31.5¢ |
Change
-0.005(1.56%) |
Mkt cap ! $222.3M | |||
| Open | High | Low | Value | Volume |
| 32.0¢ | 32.0¢ | 31.5¢ | $21.38K | 67.04K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 255476 | 31.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 31.5¢ | 59704 | 1 |
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| Last trade - 10.17am 07/08/2024 (20 minute delay) ? |
| URF (ASX) Chart |