My 2 cents.
Agree that this will provide the company arbitrage leverage to bring both prices close to NTA.
But I don't understand its structure. P25PA has a trustee, so it seems it is running a trust fund. But the prospectus also says the divvy will aim to be franked max possible. I am confused.
My 2 cents. Agree that this will provide the company arbitrage...
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Last
$2.28 |
Change
0.010(0.44%) |
Mkt cap ! $1.062B | |||
| Open | High | Low | Value | Volume |
| $2.28 | $2.30 | $2.27 | $636.2K | 278.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 22206 | $2.28 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.29 | 4000 | 1 |
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| Last trade - 12.46pm 29/11/2024 (20 minute delay) ? |
| PGF (ASX) Chart |
