From what I gather, the performance fee incentive to management is skewed as it is based on six-monthly NAV variation. That is not in shareholders' interests. It should be on ability to increase NAV value over the long term.
Ann: Net Tangible Asset Backing February 2024 with commentary, page-8
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Last
14.0¢ |
Change
0.005(3.70%) |
Mkt cap ! $56.49M | |||
| Open | High | Low | Value | Volume |
| 13.5¢ | 14.0¢ | 13.5¢ | $190.9K | 1.384M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 500000 | 13.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.0¢ | 66292 | 1 |
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| Last trade - 15.50pm 31/05/2024 (20 minute delay) ? |
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Last
14.0¢ |
Change
0.005 ( 3.70 %) |
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| Open | High | Low | Volume | ||
| 13.5¢ | 14.0¢ | 13.5¢ | 74838 | ||
| Last updated 14.34pm 31/05/2024 ? | |||||
| TEK (ASX) Chart |