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Fat Prophets Global Contrarian Fund Ltd. ( (AU:FPC) ) just unveiled an announcement.
Fat Prophets Global Contrarian Fund announced a record high in its estimated pre-tax NTA per share, driven by significant performance from platinum miners as spot prices surged. Despite this, shares continue to trade at a discount to NTA. The company anticipates a favorable shift in China/Hong Kong equities, expecting a positive outcome on trade and economic growth exceeding expectations, which could lead to a sharp rerating in the coming months.
More about Fat Prophets Global Contrarian Fund Ltd.
Fat Prophets Global Contrarian Fund Ltd. operates in the financial services industry, focusing on investment management. The company offers a contrarian investment fund that aims to capitalize on undervalued assets and market inefficiencies, with a particular focus on global equities and precious metals.
Average Trading Volume: 34,933
Technical Sentiment Signal: Buy
Learn more about FPC stock on TipRanks’ Stock Analysis page.