With the royal commission concern about the integrated model of fund management, best of breed managers who have refused to pay shelf space will be quickly hired to prove independence. Many connected fund managers with poor performance will suffer under this environment. Contango Global has now gone into buyback as the independent directors stand up for their shareholders. This is CGA largest client.
DYOR
CGA Price at posting:
57.5¢ Sentiment: Sell Disclosure: Not Held
