ALF 0.00% 85.0¢ australian leaders fund limited

Ann: Change of Director's Interest Notice - J Braitling, page-7

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  1. 1,285 Posts.
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    @adamwex. Your summation makes sense IF he was able to make the fund perform and close that NTA gap, but he hasn’t over the last 3 years ! You can buy as much as u like at the discount, but if the NAV doesn’t increase and the gap doesn’t close, then u have achieved nothing. That’s what the investors have achieved in the recent past, me incl. we have discussed the chances of a T/O at length, and he is already restructuring WGF, but investors are not going to flock to an unlisted fund if it don’t perform.
    Somethings got to happen, but I don’t know what !
 
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