Bons, discounts to NTA backing have been around for decades. It's an indicator of sentiment, changes with the times and is certainly not exclusive to CTN. Return funds to shareholders instead of investing them - for a LIC already paying a good dividend and on the up? Still looking for the logic there.....
Remind yourself that this was trading in the 60s in early 2009, that you got some more shares in the SPP in Feb 2010 at 0.87, and that you have had 7 cents in fully-franked dividends this year. What's to complain about? This is by far my best-performed stock of the last 18 months!
Bons, discounts to NTA backing have been around for decades....
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Last
42.0¢ |
Change
-0.005(1.18%) |
Mkt cap ! $62.71M | |||
| Open | High | Low | Value | Volume |
| 43.0¢ | 43.0¢ | 42.0¢ | $112.5K | 266.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 20000 | 41.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 42.0¢ | 95019 | 1 |
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| NSC (ASX) Chart |
