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
13.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $54.24M | |||
| Open | High | Low | Value | Volume |
| 13.5¢ | 13.5¢ | 13.5¢ | $20.05K | 148.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 31444 | 13.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.0¢ | 959430 | 6 |
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| Last trade - 13.55pm 06/06/2024 (20 minute delay) ? |
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Last
13.5¢ |
Change
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| Open | High | Low | Volume | ||
| 13.5¢ | 13.5¢ | 13.5¢ | 31056 | ||
| Last updated 13.55pm 06/06/2024 ? | |||||
| TEK (ASX) Chart |