LSF 1.29% $3.06 l1 long short fund limited

Ann: Net Tangible Asset Backing, page-11

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  1. 100 Posts.
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    Justification. Based on last 2 years - definitely not.

    Based on since inception well yes I can see how people are skeptical still !!! - it did drop to less than $1 from $2 float - and yes I rode it all the way and am still in - kicking myself not buying on the way up but then again I was heavily invested.

    They are doing very well at the moment. Lets wait until NAV for Friday 6/5 (tomorrow 12/5) and 9/5 (13/5) to give us a better idea of how their shorts are doing.

    Don't forget the volume is fairly low considering there are so many shares are offer due to the large raise.



 
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