Don't forget all their numbers for both CIE and CTN are gross before fees and charges, and those are well north of 1 pct. They are just desperate to increase FUM for CIE and that's quite obvious from their announcements, hence all the trumping imo.
Back to CTN, as much as i'm pissed off with them, I haven't reduced my holding. Reason being the former directors, Stevens and Fowles, have not disposed of their holdings as you'd think they would and still own circa 3 mil shares combined. Then there's another 8 mil controlled by WAM. Not a lot in total percentage wise, but enough to rock the boat.
Ann: Monthly Portfolio Update as at 31 August 2017, page-8
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