I am sure it was in the small print, but yes it's one of the worst cash grabs I have seen in recent memory. I am not sure it was 300m though...
Whatever goodwill existed for closed funds, disappeared when LSF floated.
They have never really addressed the huge expansion of the original fund limit.
I guess it just shows the character of the managers...
Ann: Net Tangible Asset Backing, page-27
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$2.94 |
Change
0.010(0.34%) |
Mkt cap ! $1.829B | |||
| Open | High | Low | Value | Volume |
| $2.93 | $2.97 | $2.93 | $1.544M | 523.5K |
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| No. | Vol. | Price($) |
|---|---|---|
| 4 | 21825 | $2.94 |
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| Price($) | Vol. | No. |
|---|---|---|
| $2.97 | 185058 | 4 |
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