Hi 5hare,
This has been done the death, but I will answer you.
The shares were listed At 35c giving a market cap of 127M
As per the formula, shows the shares at 41c giving you a market cap of 150M that's a rise of 6c or 17% increase, so the performance fee is about 200k
The management fee is 1.2% per year drawn monthly.
cheers
Hi 5hare, This has been done the death, but I will answer you....
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