Not as difficult as I first thought. Many have disappeared and only a few are large - The difficulty was Copperchem - now it seems to lose around $3,4 million each half. You have to take a view on it but its not material. At times it had a really bad set of results. Recently its been a bit better and more stable. AMP controls I took a conservative view of it - only really get details at year end - in fact I am not sure whether I have adjusted it for about 18 months. Really they give you a directors valuation as well which if you get uncomfortable seems conservative - It the scheme of things the unlisted are not material to the valuation...
Its a worthwhile process as you get a feel for owning the underlying investments versus the heads.
It changed my view and I started buying SOL and BKW as often at times the share I was interested in was and formed a large part of the share price. This has saved me from firstly the NHC plunge and recently the TPG drop. Personally I think it does exactly as I want the cycles seem to roll and at times each of the 3 main arms grow in importance and then wane.
I now only own small numbers of the underlying equites - more to make sure I see their news when it happens.
Its a strategy that I will continue to use.
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Not as difficult as I first thought. Many have disappeared and...
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Last
$34.90 |
Change
0.230(0.66%) |
Mkt cap ! $12.41B |
Open | High | Low | Value | Volume |
$34.87 | $35.03 | $34.86 | $842.2K | 24.12K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 56 | $34.91 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$34.93 | 39 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2064 | 26.890 |
1 | 4429 | 26.870 |
2 | 5019 | 26.840 |
4 | 13889 | 26.820 |
1 | 153 | 26.810 |
Price($) | Vol. | No. |
---|---|---|
26.940 | 1229 | 1 |
26.950 | 4947 | 1 |
26.970 | 5993 | 2 |
26.990 | 4687 | 1 |
27.000 | 4408 | 1 |
Last trade - 10.59am 28/11/2024 (20 minute delay) ? |
SOL (ASX) Chart |