LRF linq resources fund
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As suspected nothing sold in the auction. And SP now hugely...

  1. MJS
    2,293 Posts.
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    12/03/08
    18:34
    Post #: 3460852
    As suspected nothing sold in the auction. And SP now hugely lagging NTA. Go figure that Carrousel got about $1.54 per share compared to todays trading range of $1.15 to $1.185.

    The only thing I'm mildly happy about is that it has provided me an opportunity to re-enter the stock (very small holding only) at around a 35% discount to NTA after previously exiting over $1.50.

    Would be willing to invest more with LRF if they hadn't made such a bad decision re those funds.

    MJS
    LRF Price at posting: 0.0¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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