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
$2.94 |
Change
0.010(0.34%) |
Mkt cap ! $1.829B | |||
| Open | High | Low | Value | Volume |
| $2.93 | $2.97 | $2.93 | $1.544M | 523.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 21825 | $2.94 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.97 | 185058 | 4 |
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| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| LSF (ASX) Chart |