LSF 1.61% $3.06 l1 long short fund limited

We kind of all knew the price would come back with the market,...

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  1. 890 Posts.
    lightbulb Created with Sketch. 56

    We kind of all knew the price would come back with the market, but
    as I kind of harp on about its not knowing what they are actually short

    It looks like not just their longs fell, their shorts probably did as well
    otherwise these swings are pretty hard to explain

    IMO the buyback should not try and time the SP performance...it
    should just buy when the SP to quoted NTA offer a large enough discount
    It should not try and trade the market, it should also not be privy to
    any more information that what is supplied to the ASX

    cheers grant

 
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