I agree. Today's NTA release after the close another solid effort. As the NTA gains keep marching higher, the better the chances that the fund takes some profits here and there which eventually sees larger franked dividends. Many investors prefer to jump on the bandwagon then. The smarter money gets in when the path to higher dividends becomes apparent earlier. As you point out johnny the earlier losses have easily been recouped now a while back.
Ann: Weekly Net Tangible Asset Backing, page-7
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