LSF 0.34% $2.93 l1 long short fund limited

Ann: Net Tangible Asset Backing, page-4

  1. 21 Posts.
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    I hope that it trading at post tax NTA is only the first step and that soon it will trade at pre tax nta and then who knows maybe a premium to pre tax nta like most of the WAM funds. The good news is that the directors see pre tax nta as the target and not post tax nta (rightly so) - that is why they must buy any shares they do not acquire in market for their performance fee at July 8 pre tax NTA.
 
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