Global Value Fund (ASX:GVF) Shares Down 0.5%
Global Value Fund Ltd (ASX:GVF)’s share price traded down 0.5% on Wednesday . The company traded as low as A$1.02 ($0.72) and last traded at A$1.03 ($0.73), 67,272 shares traded hands during trading. The stock had previously closed at A$1.03 ($0.73).
The company has a 50-day moving average of A$1.00.
In related news, insider Christopher (Chris) Cuffe purchased 100,000 shares of the company’s stock in a transaction dated Tuesday, June 4th. The shares were acquired at an average cost of A$1.00 ($0.71) per share, for a total transaction of A$100,200.00 ($71,063.83). Insiders have bought a total of 130,000 shares of company stock worth $129,400 over the last quarter.
Global Value Fund Limited is an open ended equity mutual fund launched Mirabella Financial Services LLP. The fund is managed by Metage Capital Limited. It invests in the public equity markets across the globe. The fund also invests in the closed ended funds. It invests in the value stocks of companies.
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