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$1.01 australian leaders fund limited

To Sell or not to sell, page-9

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Verve365

111 Posts.

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24/01/18

09:28

Post #: 30519088
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Originally posted by JSharma ↑

We hold sA lot of investors, my self included, seem to be holding more out of hope than conviction. Most are hoping for a winding up and disbursement. The question is, is that simply wishful thinking? How likely is a wind up? Justin Braitling has lost all credibility as a fund manager. He could actually redeem some of it by winding up.

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A wind-up is surely not the only option. Is there not the consideration amongst investors that the new board will come up with some fresh investment ideas, or find a new focus, and trade out of the doldrums? Justin would certainly prefer to keep operating, and improve performance, rather than closing down the LIC.

Holding: ALF WGF

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Last edited by Verve365: 24/01/18

ALF Price at posting: $1.03 Sentiment: None Disclosure: Held
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