I agree, I’m thinking a buy back is the logical way to close the gap and seem to make total sense. Question is do they earn a fee on total funds under management? Including the cash sitting in the fund? If so I guess a buy back will never happen.
They have to do something to close the gap because even though the fund is performing, total shareholder returns are not.
BTI Price at posting:
$1.17 Sentiment: Buy Disclosure: Held
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