They also haven't bought back any shares for a while and Carlos Gil's purchase above 60cts was quite a whole ago.
looking a the funds performances, FUM should have risen over the past 6 months and perf. fees should also be much higher. Therefore I expec t a much better result than 6 months ago. MAM paid 1.8 cts dividend,I expect now 2cts + at least which equates to a healthy dividend.
Carlos is very excited about the future and their flagship fund is close to ATH. (High water mark could be breached soon)
Ann: Bank loan to support balance sheet investments, page-3
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