Somehow they managed to go through $3 million of expenses in the last financial year on assets of around $50 million? Their stock picking hasn't been the greatest of late let alone being good enough to overcome a 6% handicap for the year.
A nice performance fee was earned because of the quarterly calculation it seems, despite the NTA in the financial year only increasing by a few cents. With these sorts of fees I am guessing it will take a lot more than a share buyback to reduce the discount to NTA. Brave of them at least to be talking about facing the investors at investor roadshows next year.
Somehow they managed to go through $3 million of expenses in the...
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Last
91.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $24.32M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1762 | 91.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 92.5¢ | 6724 | 2 |
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| Last trade - 11.30am 04/12/2024 (20 minute delay) ? |
| FPC (ASX) Chart |
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