Share
453 Posts.
lightbulb Created with Sketch. 1
clock Created with Sketch.
23/07/16
00:23
Share
Originally posted by Wazz101
↑
As the AMP cronies run around misappropriating as much client funds as they can get their hands on to in-appropriately influence the vote and keep their jobs and revenue, is there anything that can be done? - a complaint to ASIC or similar??
Rationally though, it might be time to sell, as they are just recycling the unfortunate victims theough their factors and Today's purchasers will languish with a higher discount et al going forward.....
Expand
talking in round numbers, it's a very easy bet to understand.
if the fund folds, you get paid out at nav and make 10%.
if the fund stays open, i would expect price to fall 10%.
that's a 20% difference.
i'll take the bird in the hand, thank you very much.
and then what happens?
another opportunity to make money will come along.
it was ever thus.