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Fat Prophets Fund Reports Decrease in December NTA
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Fat Prophets Fund Reports Decrease in December NTA

Story Highlights
  • Fat Prophets Global Contrarian Fund focuses on contrarian investment strategies.
  • The fund’s net tangible asset backing decreased in December, affecting market positioning.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Stay Ahead of the Market:

Fat Prophets Global Contrarian Fund Ltd. ( (AU:FPC) ) has shared an update.

The Fat Prophets Global Contrarian Fund reported a decrease in its net tangible asset (NTA) backing for December, with pre-tax and post-tax NTAs falling by 5.64% and 4.19%, respectively. This decline in asset value may influence the fund’s market positioning, potentially impacting investor confidence and altering stakeholder expectations regarding future performance.

More about Fat Prophets Global Contrarian Fund Ltd.

Fat Prophets Global Contrarian Fund Ltd. operates in the investment management industry, focusing on contrarian investment strategies. It is known for managing a diversified portfolio with a global perspective, aiming to deliver superior returns by identifying undervalued opportunities in the market.

YTD Price Performance: 1.69%

Average Trading Volume: 24,436

Technical Sentiment Consensus Rating: Sell

Current Market Cap: A$25.91M

For detailed information about FPC stock, go to TipRanks’ Stock Analysis page.

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