Directors please explain.
We need to stay focused on the big picture but it is hard to justify this investment. Since 21/10/09 to 16/03/2010.
The fund has fallen 25.4% and the index has fallen 1%.
If this investment was in CTN's portfolio i wonder how they would see it?
I guess CTN isn't in their portfolio they just get paid more when they issue more shares. Obviously the performance fee is not discounted when the NTA is diluted so they receive fee's here as well.
Hopefully they will start to put shareholder interest ahead of their own soon.
24% underperformance
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Last
42.5¢ |
Change
0.005(1.19%) |
Mkt cap ! $62.71M | |||
| Open | High | Low | Value | Volume |
| 42.0¢ | 43.0¢ | 42.0¢ | $50.71K | 119.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1199 | 42.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 43.0¢ | 4725 | 1 |
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| Last trade - 15.51pm 29/11/2024 (20 minute delay) ? |
| NSC (ASX) Chart |
