NSC 1.15% 43.0¢ naos small cap opportunities company limited

The Board is allowing CGA to sell your asset (the right to...

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    The Board is allowing CGA to sell your asset (the right to manage your portfolio) for $12.5m - you get NOTHING for this sale! – CTN OWN the rights to manage the portfolio - NOT CGA, whose performance has been disastrous
    
    on this point and please correct me if i'm wrong, but it is actually the current IMA that allows the manager to re-assign the right to manage the portfolio to a willing party.

    And it obviously was the previous board that was sitting when this current IMA was signed.
    Last edited by ramamba: 22/11/17
 
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