LSF 0.63% $3.13 l1 long short fund limited

Spot on, I understand the attraction of buying in under pre-tax...

  1. 381 Posts.
    lightbulb Created with Sketch. 5
    Spot on, I understand the attraction of buying in under pre-tax NTA (where applicable, this should consider dilution from any options outstanding). However, the tax when paid will become a franking credit asset, so it's not a destruction of value rather a conversion of value for AUS-based investors.
 
watchlist Created with Sketch. Add LSF (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.