Equities fund is a long term income + asset accumulation play, it was never going to hit $220m on listing as they would need to show some pretty massive returns on current capital over the last few years for that to eventuate.
A lot of new investment companies popping up in the last 2 months on the ASX also, this is the 5th that I can recall in as many months, while they individually have there own focus areas it makes it difficult for investors to separate which one has the highest rate of return on investment without knowing how many individuals have a stake holding to dilute your gains.
Ann: Updated Proforma Statement of Financial Position, page-6
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Last
$1.04 |
Change
0.010(0.97%) |
Mkt cap ! $36.77M | |||
| Open | High | Low | Value | Volume |
| $1.06 | $1.06 | $1.03 | $167.6K | 160.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 47409 | $1.04 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.06 | 6492 | 2 |
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| Last trade - 14.48pm 22/11/2024 (20 minute delay) ? |
| MEC (ASX) Chart |
