Some good analysis in the last two posts. Actually I think the current market price is driven by newer entrants..the 'sharesies' buyers?. It may even be a case of forward loading the buy price to see how high it would need to rise to reduce the yield to a bank equivalent.?..not a good idea.
As a holder of all 3 listed Fisher funds since day one there is no way I'd be buying at these premiums.
As that irritating young lady who fronts a consumer loans shop on tele reminds us .."there are times to borrow and times to save...you know" (she clearly doesn't).
So there are times to buy shares and time to sell shares.