This does sound like a "sell at all costs" sentiment.
Harry it is possible you are over-reacting to short term underperformance and then making an investment mistake by selling at any price rather than assessing the current share price against the NTA.
For the bull case I would say that by buying today you get a very healthy discount to NTA pre-tax. No performance fees (until performance recoups the high water mark) and no tax on the first 50% of capital gains (tax losses). Not a bad deal vs going into this at IPO.
Ann: Net Tangible Asset Backing, page-9
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Last
$3.13 |
Change
0.000(0.00%) |
Mkt cap ! $1.948B | |||
| Open | High | Low | Value | Volume |
| $3.16 | $3.16 | $3.11 | $597.1K | 190.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 47899 | $3.12 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.13 | 40613 | 2 |
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| Last trade - 14.09pm 12/07/2024 (20 minute delay) ? |
| LSF (ASX) Chart |