I have been watching this it seems to have remained constant despite the market having moved over 2000 points since it listed. I don't know the individual share make up, but it seems to me like there may be a little hidden value tucked away here.. What do you guys think. If someone has exact details that would be great.
Hi, john - i m o you may be right, but it will only show after the first quarter results are published. Of course the aim here is to maximise dividend return, and as such growth is of less inportance. Also, the initial premium at time of listing has to be worked away.
well it listed at 127c and got stuck around 130c and now today tis moved to 133/134. not shabby. My 5c view on the lack of move lately is that is is low weight in resource stocks and much of the recent action has been in the resource stocks. So in a sense maybe almost like a couter play to stx40? Stocks held are on satrix.co.za