Ex dividend NAV on 29 June was $1.71. FOR closing price on 30...

Ex dividend NAV on 29 June was $1.71.

FOR closing price on 30 June was $2.00 which is a 17% premium!

Were some people buying based on recent share price over $2 without taken into account the reduced (ex-dividennd) NAV? Can't think of any other logical reason why punters would suddenly be willing to pay circa 6% or 7% EXTRA premium over recent 10% to 11% premium?

Not many sellers at the moment. Suspect some waiting to sell in new FY and defer capital gain payment by 12 months. Expecting more sellers post 1 July and a drop in SP back to circa 10% premium over NAV ...

I sold some of my holding at $2.02 and hoping to buy equiv amount back at lower price next week ...