Post by
mouserman on Jan 07, 2022 4:16pm
FFN unit NAV to DEC 31 = approx: $17.52
So after adjusting the cash value in the fund, lowering the % of each stock....and taking into account the USD/CAD exchange, which is now the same as at DEC 31 ..... FFN gained 96 cents in UNIT NAV.
Would have been over a buck gain with the CASH only at 8%, but they posted 11% as DEC 31.
Still the premium is miniscule , at 11 cents, last trade at $7.73which works out to 1.5 % or so.
Comment by
KnaveofDiamonds on Jan 09, 2022 8:03pm
Lets see if we can break through the ceiling ($7.60-7.70). I would like to see $8.00 per share. Not sure if it will happen this week but I think this is where we are headed in the next while.
Comment by
BlueJay2020 on Jan 09, 2022 9:57pm
Logically, one would expect so. Even a 5% premium to NAV would get us there, plus not unreasonable to expect that NAV itself will increase.