Benny u r so naive. Rather than do the right thing and do a share buyback they are cherry picking other shareholders. They are way too greedy to reduce the FUM by doing a buy back. The $1bn FUM delivers $14m PA in base management fees alone. These on market purchases are a grotesque mockery of shareholder pain right now. The only way we can exit is to sell at a 31% discount to NTA to the managers themselves! what a joke! The directors of LSF should do a buy back now before they get busted. Not doing so is a COMPLETE BREACH OF THEIR FIDUCIARY DUTY.
Ann: Net Tangible Asset Backing, page-25
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Last
$3.12 |
Change
0.040(1.30%) |
Mkt cap ! $1.951B | |||
| Open | High | Low | Value | Volume |
| $3.10 | $3.13 | $3.07 | $1.179M | 380.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2315 | $3.11 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.12 | 19999 | 1 |
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| Last trade - 16.10pm 15/10/2024 (20 minute delay) ? |
| LSF (ASX) Chart |