Well WAM just did a placement, you can bet CDM will be next.
I also want the NTA to rise too, but this document http://www.contango.com.au/data/docs/reports/nta/CTN NTA 0915.pdf shows they are only 10% in resources. Don't forget there's another $25.97m invested in mid cap stocks too.
Why is this important? Because the Small Resources sector is up 12.22% this month....so far. Small Industrials are only up 4.2%. All things being equal the portfolio be up 9%, which is what the microcaps index us up, but the top 20 are pretty flag.
Sandfire having a cracker, up 10%, Saracen and Hub24 up 10%, but others flat or even down...a coupla 5%ers up and down, IFM down 10%. My numbers have us on a 3-4% month, which is what the share price has done this month
I am agonizing on gong long resources, maybe its bottomed. Just don't know. The market has brought me back in this month, green shoots, but just don't know. Might go away for another 3 months, come back then
Well WAM just did a placement, you can bet CDM will be next. I...
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Last
42.5¢ |
Change
0.005(1.19%) |
Mkt cap ! $62.71M | |||
| Open | High | Low | Value | Volume |
| 42.0¢ | 43.0¢ | 42.0¢ | $50.71K | 119.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1199 | 42.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 43.0¢ | 4725 | 1 |
View Market Depth
| Last trade - 15.51pm 29/11/2024 (20 minute delay) ? |
| NSC (ASX) Chart |
