LSF 0.65% $3.10 l1 long short fund limited

Ann: Net Tangible Asset Backing, page-3

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  1. 105 Posts.
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    The NTA seems to be doing about as well as the ASX200. The % discount to NTA has tripled over the last three weeks. Seems to be a sentiment-driven process. This has happened before and was corrected with a decrease in the % discount. They need to get the NTA trending up to improve sentiment and reduce the NTA discount to the price. Today's fall may be just someone selling down and hopefully will reverse tomorrow when buyers see the NTA.
 
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