Sorry to ask the obvious, but for those of us whose holdings are quite small, will we still benefit from the actions of the participants who commit financially to the fund if we choose not to commit to $1k? My brother and I have small holdings and are not keen to 'throw good money after bad' when even $1k is a major percentage of our current holdings.
I think that the financial commitment that's expected per shareholder should be proportional to the size of the holdings (and therefore, expected benefit from a successful outcome). If this was the case, I'd be much more interested.
I understand many are doing this out of principle, which I commend and agree with. However, money is money and I invest to make a profit.
On that note, would any legal fees be considered a capital loss or similar?
- Forums
- ASX - By Stock
- A40
- Saving Alita & Our Investments
Saving Alita & Our Investments, page-93
-
- There are more pages in this discussion • 178 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add A40 (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online