Don't you think the expensive management contract takes some of...

  1. 5,739 Posts.
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    Don't you think the expensive management contract takes some of the value out of this stock? I have long thought that they like churning assets because of fees - you don't as shareholders get all the upside but in the short-term, you can get all the downside. I know we would have to pay for management but the fees look much higher than if management was internal.

    I like the company but not sure I like the management contract but as I like the portfolio I accept that it's a bit pricey as an investment because of their cut.

    I don't think those valuations take into account their incentive the company has to pay when TLT is sold.
    Last edited by joewolf: 20/03/21
 
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(20min delay)
Last
$10.87
Change
-0.235(2.12%)
Mkt cap ! $10.64B
Open High Low Value Volume
$11.07 $11.11 $10.83 $1.878M 170.5K

Buyers (Bids)

No. Vol. Price($)
1 95 $10.86
 

Sellers (Offers)

Price($) Vol. No.
$10.87 896 7
View Market Depth
Last trade - 12.55pm 31/07/2025 (20 minute delay) ?
IFT (ASX) Chart
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