If they raise the monthly fee to $108.90 p.m. & reduce the exit fee to $5 per share I'm selling out. No way I'm paying over $1,300 a year for mngt fees when I can do it myself via IG Markets for free & incur $5 per trade / 0.005%.
I think people looked at Superhero & said the corporate actions weren't up to spec. From personal experience IG Markets works very well, I've already set up a SPP with them for sub ASX 300. You need to buy $500 of shares at a time now so to trade in & out costs you $10 or $3,000.
I agree moving to a higher mngt fee indicates they believe there will be fewer SPP.
I assume there was no mention of reducing the horrendous brokerage costs & performance fees?
