gj ... I would be interested to know what price you originally purchased for, when, and why. In essence, these questions provide your motivation (apart from wanting a quick return).
So you've been looking for an exit hey, but decided not to exit when it spike over 10% amd was over $1 shortly after the dividend policy announcement? Do you know what your exit price target is?
In the time you've been complaining about the fund I've done a couple of profitable trades. Not boasting about any ability on my part, simply highlighting your inaction presuming u have been sitting still as ur posts suggest.
Look at the long term discount history for any LIC of similar or smaller size (or double the size in some cases) and you will see discounts prevail regardless of investment performance (LRF, HHV, WIC, PRV, INE, FAT ...). Apart from a core holding in BKI, I find LICs useful as a lower risk way to trade discount movements.
Anyway, as u r already aware is unlikely u will get the volume support needed here for any change (and I would suggest even if every HC observer who owned CTN supported it numbers would still fall short). If you feel there is better value elsewhere go for it (and feel free to let me know as I have no real 'love' for any stock at least at the present).
MJS
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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($) | Vol. | No. |
---|---|---|
43.0¢ | 4725 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
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 - 15.51pm 29/11/2024 (20 minute delay) ? |
NSC (ASX) Chart |