This is a horrifying result, a decline of 5.2% on after tax NTA. when you see that 60% of the fund is A$ cash. The underlying 40% of the portfolio which Contango oversee is down 13%.Yet your board and fund manager choose to say nothing. The S&P 500 was down 1.1%. This Board does not respect shareholders and in no way deserve your support.
This is a horrifying result, a decline of 5.2% on after tax NTA....
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