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Wednesday, July 8, 2015

ASHR's discount to NAV


Apparently, ASHR closed yesterday at a $2 discount to NAV.

Which I guess has to be considered against future expectations for that ETF.

But a certain swarthy fund manager individual has also noted recently that the wind-down of Chinese margin is at its climax right about nowish.

Something to know.


1 comment:

  1. Wind-down of Chinese margin can't be at its climax right now.

    Half of the stocks aren't even trading, so are still at an artificial high price. Climax will be when everything is trading and prices are at their lowest.

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