NSC 1.18% 42.0¢ naos small cap opportunities company limited

Hey Mr Jamber,I've had a bit of a read & all looks good....They...

  1. 4,593 Posts.
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    Hey Mr Jamber,

    I've had a bit of a read & all looks good....They always do in the prospectus :)

    My experience with LICs (Not that CCP is a LIC) & Financial listings is that the shares normally list around NTA value & drift a little as company normally burns a little cash before coming good with the profits at a later date. (or not).

    In CCP's case they seem to be well backed with underwritting & everyone seems confident.

    The timing of the listing 30th May, may encounter some general market weakness with tax loss selling so I'm going to hedge my bets & buy a few through the Priority Offer & hopefully pick up a few a little cheaper after listing. I may be wrong here as CCP does seem well put together & she may Stag. (Hence my buying into the offer).

    First divvy is flagged for next year so no real hurry imo.

    Hope this helps a little.


    Luck to ya.

 
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