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42.0¢ naos small cap opportunities company limited

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897 Posts.

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27/01/16

15:40

Post #: 16877721
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Originally posted by eerrtt ↑

Yep, you have to remember this is a micro-cap specialist! When they have good years, they have super good years. A few years back they reported a profit of over $20 million, enough for a few years of dividends. Last year, due to the market crash in June, they reported a very small loss (would have been a profit, but June smashed them).

ALF were similar, they had dividend reserves to pay the recent dividend. It is common for good LICs to have reserves for dividends, and then make more when the market returns. You can see their dividend record, they have nearly returned 80 cents to shareholders over past decade!

Given their recent rise in NTA, during a falling market, the dividend should be a good one again, and the market will like this, and I hope a rise back above $1. IMO

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just bought small parcel at 93 for the upcoming divvy have owned them before so thought id have another go. do you trade any shares direct eerrtt or do you just specialize in trading lics for dividends and capitol gains

CTN Price at posting: 93.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
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

View Market Depth

No.	Vol.	Price($)
2	11671	0.490
2	23091	0.485
1	9000	0.480
3	12614	0.475
3	93130	0.470

Price($)	Vol.	No.
0.495	8650	1
0.500	50101	2
0.515	12118	1
0.535	27954	2
0.545	23700	1

Last trade - 16.10pm 27/11/2024 (20 minute delay)

NSC (ASX) Chart