I see this as a positive. The current premium to NTA was getting too high and that meant I wasn't considering accumulating any more FGG. The SPP gives us all a chance to add to our holdings at a fair value rather than the current premium value. Sure, the SP will revert to closer to NTA or even a discount in the short term, but this kind of fund is really not for the short term. I think over time FGG will again trade at a premium and it deserves to because of the savings in fees.
I see this as a positive. The current premium to NTA was getting...
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Last
$1.40 |
Change
0.000(0.00%) |
Mkt cap ! $541.4M | |||
| Open | High | Low | Value | Volume |
| $1.40 | $1.40 | $1.39 | $329.7K | 237.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 11000 | $1.39 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.40 | 154900 | 3 |
View Market Depth
| Last trade - 15.22pm 18/11/2024 (20 minute delay) ? |
| FGG (ASX) Chart |
