The NSC thesis is more ponzi scheme than investment theory . This last 3 years minus 10.5% return compared to the market up 10.0% and the median manager outperforming the index significantly. The fund is geared , pretty dopey when you returns are negative.Dividends are being paid and increased during this time of falling NTA . That is what ponzi schemes do.
The NSC thesis is more ponzi scheme than investment theory ....
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Last
47.0¢ |
Change
-0.010(2.08%) |
Mkt cap ! $63.43M | |||
| Open | High | Low | Value | Volume |
| 47.5¢ | 47.5¢ | 46.5¢ | $59.46K | 126.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 84866 | 46.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 47.0¢ | 47080 | 2 |
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| Last trade - 15.59pm 26/07/2024 (20 minute delay) ? |
| NSC (ASX) Chart |