Somecontext...Thanks for the chart however I think your curve for TGF NTA is incorrect. The NTA on 31st May was $2.36
Atthispoint,whiletheportfolioisnotdoingmuch,itscertainlybeenstablerelativetoglobalequities(inclcurrencymovements).Thesharepriceisnotlogical,butthat'sthemarketforyou.
Amazing to see this LIC traded at a premium early in the first few months hitting $2.60.
Unfortunately I think LICs such as this, LSF and ALF have turned investors off LICs for life. Reading HC forums confirms many investors despair when their LICs trade at wide discounts to NTA. It is hard to see them getting back into the LIC market. Many will move to ETFs that trade at fair value.
What's going on?, page-8
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Last
$1.65 |
Change
0.035(2.17%) |
Mkt cap ! $129.6M | |||
| Open | High | Low | Value | Volume |
| $1.64 | $1.65 | $1.62 | $60.09K | 37.00K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 6000 | $1.62 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.64 | 9999 | 1 |
View Market Depth
| Last trade - 15.40pm 14/10/2024 (20 minute delay) ? |
| TGF (ASX) Chart |