just buy the shares directly in the entity, WCL.
cheaper, more transparent, and no admin expenses, overheads, directors fees etc etc of the proposed hedge fund.
but yep, got to be a bargain at 40c (and dropping).
51% of a 20yr contract revenue of over $3.2Billion
WCL Price at posting:
39.0¢ Sentiment: Hold Disclosure: Held