OPH 0.78% $2.60 ophir high conviction fund

Ann: Weekly NTA 12.01.2024, page-12

  1. 355 Posts.
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    I have no conflict of interest.



    As to the DRP, I recall reading the policy when I first bought the shares and thinking I would never hold this at a premium and wouldn’t want shares at NAV if the traded at a discount so opted out.

    Would I be pissed if I got caught out and issued shares, yes. But I would equally as upset at myself for not taking action. (hopefully they change their policy)



    It annoys me when DRPs are done at discounts as I find them messy and would rather not participate but I will get diluted if I don't, this is the world we live in.



    “Is 45 years of solid data showing active managers fail in the majority of cases too short of a timeframe?”
    We have all heard this, but you are conflating separate topics. This is a seperate discussion to people overestimating the skills of recent good performers and vice versa.

    "My post pertained not to OPHs recent underperformance but they share issued"
    You replied to @Rexxy1991 post suggesting they have lost their edge and managing too much FUM now with "I couldn't have said it any better" So I assumed that you agreed.


    Last edited by Sharkies63: 10/02/24
 
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