Agree website is crap, not maintained. You would think it is not a huge expense. Although I rely on ASX announcement I am sure many new investors rely on the website.
Regarding table, Contango the fund manager was taken over by CTN the ASX company a year or so back. They also had an unlisted entity where they managed funds which is what I think the table refers to. Now they also manage CIE (ASX company). There are links to all three on the main page.
It is confusing in analysing their results. You have to consider the management income as well as investment performance. I personally think there is only upside in the management fees but I could be wrong.
I have not reduced my holding, there are a lot worse on the ASX.
Ann: Net Tangible Asset Backing-CTN.AX, page-8
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