Interesting to see Collins St kept buying up to 95c.
Does anyone know their process well? They don't appear to publish any updates or commentary on their Fund.
I assumed they were a deep value manager and they might have been viewing LCA as a deep value asset play (which has played out). However if they are buying at current levels they must see more "value" in the returns that the business produce long term - which is how I view LCA.
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