As I’m in the stage of trying to buy the ABF SG BOND ETF (A35), I’m willing to pay around the NAV to reach my target percentage.
So a few times a day I’ll check on SGX’s site to see what’s happening and if what the lowest seller is looking for.
This morning however I almost spat out my coffee when I saw that some bodoh went and sold 35,000 units at $1.15 when the previous closing price was $1.168 and the NAV (as of 26 November 2014) was $1.16620!!! Why did you do that!!?? And why wasn’t I fast enough to snap it up!!
Can’t believe it, I want that bargain! Why would you do that to me!?