sorry PJ not trying to rub it in just found the discount...

sorry PJ not trying to rub it in just found the discount attractive but looking less and less likely this will be realized, I do feel fors hareholders but of course am in not in a position to complain.....

That's also the problem with this strategy is all it takes is 1year of 'outperforming' the ASX even if just being less down and they make a killing on performance fees but then the performance resets every year and shareholders never get to claw back long-term underperformance as they have just delivered....