LSF 0.00% $3.19 l1 long short fund limited

They actually have mentioned dividends in an announcement that...

  1. 21 Posts.
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    They actually have mentioned dividends in an announcement that arguably should have been classified as market sensitive - 19th November last year Chairman's address at AGM - quote "While delivering a high dividend is not a primary objective of the investment strategy of the Manager,
    the Board is conscious that the Company has not yet paid a dividend. The Board believes that paying
    shareholders a consistent, albeit modest, fully franked dividend is another important element in
    increasing the attractiveness of the Company to investors and helping reduce the share price discount
    to NTA. However, any future dividend decision by the Board is dependent on continued strong
    performance by the Manager and the profitability of the Company."
    They will announce a fully franked dividend at interim results if not before - I suspect this will be the start of share price getting close to NTA
 
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