Originally Posted by
mike2020
Alok, I looked at the 1 and 2 years for all their holdings plus the divs and NTAs last week when it got into the $1.20s and it looked a little bleak. That's what made me question what effect paying a percentage of NTA would have in a depreciating sp environment. My guess for it being back in vogue this week is simple, some people have given up trying to manage their own portfolio. I know how they feel ;)
I also looked at the 10 year and that was a revelation. Also they seem to have taken a back seat approach over the last couple of years, which to be fair is understandable, the hold tight do nothing policy is public knowledge now with kiwi saver. I look forward to the warrant results.
I do hope they do another warrant issue asap.