A good performance for the rest of this year may start attracting funds again or at least stop the outflow.
From reading their PDS for their funds they begin earning performance fees above 6%p.a. for overall fund returns after fees. So any performance fee earned my give some support to the share price. Or a large correction in the market and poor performance could help it fall considerably.
At least the guys running the company are also the major shareholders so the goal of earnings and share price appreciation should be consistent. That said they do make large bonuses too.
It is difficult to tell where the share price will bottom at this stage.
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KAM Price at posting:
37.0¢ Sentiment: None Disclosure: Held
