Can someone explain to me why anyone would pay $1.60 for this LIC when it's NTA is less than $1.30?
I understand that they have about 3-4 years of guaranteed dividends but buying at such a premium doesn't make sense.
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Last
$1.23 |
Change
0.010(0.82%) |
Mkt cap ! $254.6M | |||
| Open | High | Low | Value | Volume |
| $1.22 | $1.23 | $1.22 | $54.21K | 44.19K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 97789 | $1.23 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.24 | 3735 | 2 |
View Market Depth
| Last trade - 15.24pm 07/08/2025 (20 minute delay) ? |
| WAX (ASX) Chart |