You would have to say the performance YTD is well below expectations for a professional manager. NTA has declined from $1.0271 to $0.9178. Realised losses have increased from $0.05/share to $0.068/share. It would seem a prime target for one of Geoff Wilson's stable. Perhaps not enough franking credits or other tax benefits to make it worthwhile.At $0.76 market price,discount 17%.
GC1 Price at posting:
74.0¢ Sentiment: Hold Disclosure: Held
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