Benny u r so naive. Rather than do the right thing and do a...

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.