As with managed funds, historical performance of stocks is frequently a less-than-perfect indicator of future performance. So DUI's superior track record doesn't mean that it is necessarily the best LIC to buy now: it certainly may be the best of the LICs at present, but this can't be concluded from its historical outperformance alone.
I don't hold DUI or AUI but hope to buy some in the future: they are slightly geared (unlike ARG) so should theoretically outperform in bull markets and underperform in bear markets.
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In other news, those who received Milton's annual report this week would have no doubt been pleased, as I was, by its usual, simple, low-budget format, sans photographs of the directors. If only all companies took their lead in not wasting shareholders' equity...
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Last
$8.82 |
Change
0.020(0.23%) |
Mkt cap ! $6.815B |
Open | High | Low | Value | Volume |
$8.80 | $8.83 | $8.79 | $769.4K | 87.39K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 5061 | $8.81 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$8.83 | 5687 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 432 | 7.630 |
4 | 6421 | 7.620 |
10 | 28630 | 7.610 |
55 | 111350 | 7.600 |
5 | 2007 | 7.590 |
Price($) | Vol. | No. |
---|---|---|
7.650 | 16007 | 6 |
7.660 | 2220 | 4 |
7.670 | 3205 | 2 |
7.680 | 37046 | 4 |
7.690 | 2000 | 1 |
Last trade - 11.04am 08/11/2024 (20 minute delay) ? |
ARG (ASX) Chart |