Absolutely correct Cutty. This has been an unmitigated dud. As for Bluesky's comments. i reckon he works for the fund. The LIC should ABSOLUTELY do a full share buy back now to close the gap. But guess what? The Managers at L1 are not letting it happen. They are buying the shares at market instead of allowing the unit holders to redeem their shares at NTA. This is pure theft. I cannot believe it is legal for the managers to buy shares in LSF on market when they have the power to wind the fund up and return the NTA to sharefolders. This is a complete scam. Anyone selling their shares right now to the LIC managers should be thoroughly disgusted.
Absolutely correct Cutty. This has been an unmitigated dud. As...
-
- There are more pages in this discussion • 10 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add LSF (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$3.13 |
Change
0.000(0.00%) |
Mkt cap ! $1.948B | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 3276 | $3.25 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.10 | 638 | 1 |
View Market Depth
| Last trade - 09.30am 12/07/2024 (20 minute delay) ? |
| LSF (ASX) Chart |
Day chart unavailable