such a crazy position to be like I hope the NAV doesn't go...

such a crazy position to be like I hope the NAV doesn't go up because this performance fee is so out of kilter with the business.

I get that water isn't like an index fund but it's not a hedge fund either, no one is buying this stock to get outsized stonkish returns.

Don't think anyone will be able collect the votes to change the fee structure from the outside. So I am probably shouting into the void.

Releasing this report on a Friday afternoon is some sketchy behaviour as well.

will be really interesting to see what happens Monday.

mad conflicted about this stock

love the concept, hate the fee structure, hate the gearing, hate the debt funded buybacks, still want to accumulate as much as I can afford.

really interested if anyone feels the same way