KJ
Perhaps but more likely the sellers don't analyse enough and are too easily swayed by their emotions. Who knows.
Only PPL and RYM are down over 1 month and only PPL over 3 months. The discount to dil NAV has been much more volatile than usual in the last two weeks swinging from 0 to 8% Perhaps the average is 4% and in times of uncertainty we get a greater discount. Thus better buying imo.