The new directors were sold to us on the basis that they would reduce the discount to NTA.
I am just curious to see if that happens and whether last month's fall in the NTA continues.
I have been a modest buyer at $0.985 because I estimate it is worth more than that. But my assessment can be derailed by what happens to the slightly more than half of the portfolio not declared or portfolio changes subsequent to the start of the month to the part of the portfolio that is declared.
The Small Ords Accumulation Index is up 2.66% for March. I would be pleased and surprised if the NTA matched that.
(Of course the microcap space extends below Small Ords so the the Small Ords is at best an imperfect comparison index for CTN's performance.)
Cheers
The new directors were sold to us on the basis that they would...
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Last
43.0¢ |
Change
-0.005(1.15%) |
Mkt cap ! $62.71M | |||
| Open | High | Low | Value | Volume |
| 43.5¢ | 43.5¢ | 42.5¢ | $81.38K | 189.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 88406 | 42.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 43.5¢ | 99322 | 1 |
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| Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
| NSC (ASX) Chart |
