MEC 1.92% $1.06 morphic ethical equities fund limited

Ann: MEC Monthly Performance Report June 2018, page-3

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  1. 512 Posts.
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    It looks like this operates under the Macquarie Bank group of investment Funds . It is referred to as a Wrap Fund . This may mean that it is sold as with a number of funds by advisors . This needs clarifying . So to get to the point why the appalling market performance ie 1.02 c as opposed to an NTA of 1.15-1.17c .And more importantly why does no one want the option when the NTA is in the money & possibly well in the money by expiry 31-11-2018 at 1-10c. I believe the likely reason is the stock has no credibility amongst investors - how else could one explain the above.
 
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Last
$1.06
Change
0.020(1.92%)
Mkt cap ! $36.77M
Open High Low Value Volume
$1.04 $1.06 $1.04 $12.23K 11.61K

Buyers (Bids)

No. Vol. Price($)
2 93576 $1.05
 

Sellers (Offers)

Price($) Vol. No.
$1.07 3000 1
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