Can anyone tell me what I'm missing
Looking at the FY2021 accounts, performance fees were 128m of which 68m was yet to be paid.......so I assume they have funds to buy shares, but the price is trading close to NTA so why the constant purchases thorough the year?
From what I can see, they have each put in ~21.5m Bet Jul-Dec21 and then a further ~4m since the start of the year.....some serious investment in themselves
Ann: Change of Director's Interest Notice - RL, page-2
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