On the positive side BKI offers a good yield, and it’s a set and forget investment.
Also, need to remember that managed funds don’t adjust their NAV for unrealised capital gains.
An advantage of an LIC like BKI is that it does publish the net of tax number which is better disclosure than a managed fund.
Also, a positive of the LICs is that it is set and forget and that investors will not have a CGT event themselves, even tho the LIC trades stock and sort that out in its return.
LIC investors can just sit back and enjoy the franked dividends.
None the less I agree that the recent capital raise was dilutative and that event does not inspire faith in the stock.
Ann: BKI Announces Entitlement Offer and General Offer, page-41
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Last
$1.72 |
Change
0.000(0.00%) |
Mkt cap ! $1.380B | |||
| Open | High | Low | Value | Volume |
| $1.71 | $1.72 | $1.70 | $1.125M | 658.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 16549 | $1.72 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.72 | 15389 | 2 |
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| Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
| BKI (ASX) Chart |
