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Thread: Marlin

  1. #551
    ShareTrader Legend Beagle's Avatar
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    Latest NTA is just out and down nearly 9% in just the last week and that's when the NZ dollar fell sharply as well which should have helped reduce the loss (MLN undiluted NAV $0.9544 this week $1.0456 last week) Oh my goodness, what an absolute disaster !
    Last edited by Beagle; 28-04-2022 at 03:23 PM.
    Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.
    Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine

  2. #552
    ShareTrader Legend bull....'s Avatar
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    whats it going to look like if the us markets fall another 20% ?
    one step ahead of the herd

  3. #553
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    Quote Originally Posted by bull.... View Post
    whats it going to look like if the us markets fall another 20% ?
    They'll probably lose another 40% but no worries Ashley Gardyne their chief investment officer will be along soon with yet another article in the Herald telling everyone to hang in there and that will fix the problem when he says it for the third time for sure

    Marlin is almost the N.Z. version of Kathy Woods ARK investment fund
    Last edited by Beagle; 28-04-2022 at 03:40 PM.
    Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.
    Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine

  4. #554
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    Very poor outcome from recent warrant round, 10% exercised, not unexpected given pricing set at $1.18 vs underlying value of less than $1.00. At least upcoming div should be fundable from new cash 😉.
    Didn't participate.

  5. #555
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    http://nzx-prod-s7fsd7f98s.s3-websit...654/371426.pdf

    Yeah, huge vote of no confidence in their investment strategy targeting tech. Nasdaq now down 30% from its ridiculously overpriced level's at the peak and could easily fall another 30% The tech bubble has popped and this Bear is ferocious and takes no prisoners !
    Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.
    Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine

  6. #556
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    Quote Originally Posted by SPC View Post
    Very poor outcome from recent warrant round, 10% exercised, not unexpected given pricing set at $1.18 vs underlying value of less than $1.00. At least upcoming div should be fundable from new cash .
    Didn't participate.
    Hard to see why anyone exercised to be honest.

  7. #557
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    Quote Originally Posted by Biscuit View Post
    Hard to see why anyone exercised to be honest.
    Agree but plenty wanted at 123 and 125 today.

  8. #558
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    Quote Originally Posted by 777 View Post
    Agree but plenty wanted at 123 and 125 today.
    Maybe they think now Nav got a boost after 10% exercised at 25 cents premium ...lol

    This is actually good now for old holders ...let new comers pay a premium to boost nav of the old holders ...seems more fair then previous exercises when they used to get discount at the expense of old holders ...

  9. #559
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    Can't understand the thinking behind this buyer behaviour. Updated NTA out today.
    Maybe todays buyers like prefunding their future dividends ? .... headline yield..?
    Who knows...

  10. #560
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    36% premium to NTA just announced and they're heavily exposed to the tech sector which is vulnerable to further substantial declines and in a well established Bear market. I believe that's an all time high premium to NTA....The mind boggles...Personally I wouldn't pay face value NTA for their current portfolio.
    https://www.nzx.com/announcements/392792
    Last edited by Beagle; 26-05-2022 at 02:14 PM.
    Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.
    Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine

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