D2O duxton water limited

Ann: Annual Report to shareholders, page-2

  1. 352 Posts.
    lightbulb Created with Sketch. 44
    page 22 / 43 The Management Fee is to be paid to the Investment Manager regardless of the performance of the Company.

    page 25 / 43 31 dec 2023 management fee $2,219,000 / revenue $9,566,000 = 0.231967 or 23% of total revenue goes in fees!!!!!!

    Yikes!
 
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