Easier to get 'in and 'out grabbing profits here and there with...

First 3 Last

Share
Profile

Follow
oilleak

5,881 Posts.

89

05/05/17

11:25

Post #: 24494553
Share

Originally posted by noddy10 ↑

yeah, looks like HML priority applications were scaled back by about 50% about $5k and everyone else scaled back 75%. (there's a BHD forum now and a thread in there about it).

these guys seem unique alright. when they waved a performance fee earlier this year I thought that was nice but a little cynical part of me wondered if it was partially a marketing exercise. making the outright performance as high as possible could help them raise more capital with their new funds later on. if that had been the case then they wouldn't be sending us half our $ back now.

I spoke to someone there about an administrative issue during the BHD raising and asked how it was going. they told me that there was a lot of interest and they'd go over the limit but Stuart was insisting on capping it at $20M. the other LICs coming out seem to be happy to take as much funding as they can get. i can understand that a small or micro cap fund can't effectively move large amounts of capital around (even then, $20M is tiny) but i wouldn't think there's an issue with the currencies etc that HML/BHD trade in. i'd be interested in people's thoughts about why they kept BHD far smaller than they could have.

Expand

Easier to get 'in and 'out grabbing profits here and there with a small fund , imo...

They seem to have a lot on the go at the mo with listings and what have you, and the single person risk is large....

AEG and HHL have just gone/going through .. a change of guard......one handled better than the other ......also imo.

Would hate to think something would happen to Capt Stu, but its worth addressing at some stage from management.......

HML Price at posting: $1.83 Sentiment: Hold Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

OSL

OncoSil wraps up recruitment for key pancreatic cancer trial

KGD

Kula picks up unexplored niobium play in Malawi, with surface samples logged

THL

Tourism Holdings says Liberation Day tariffs smashed US RV demand

NMG

New Murchison Gold blasts off at Crown Prince as 'better than expected' results return

Week 27 Wrap: 40% China tariffs?; ASX +10% FY25; US Amazon price spike

AII

Inside the Depths of Panasqueira: A Legacy Carved in Rock

Listen: HotCopper Wire Podcast 016 – FY25 ended up not so bad... but Trump unpause is coming

HotCopper Highlights, Week 27: G8 scalped, Domino’s drops the box, Gemlife brief hype & more

Trump chides Powell as Goldman call for calm. The RBA must be nervous

DMP

Is Domino's a steal after -25% plunge?

First 3 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Easier to get 'in and 'out grabbing profits here and there with...

Top Stories

OncoSil wraps up recruitment for key pancreatic cancer trial

Kula picks up unexplored niobium play in Malawi, with surface samples logged

Tourism Holdings says Liberation Day tariffs smashed US RV demand

New Murchison Gold blasts off at Crown Prince as 'better than expected' results return

Week 27 Wrap: 40% China tariffs?; ASX +10% FY25; US Amazon price spike

Inside the Depths of Panasqueira: A Legacy Carved in Rock

Listen: HotCopper Wire Podcast 016 – FY25 ended up not so bad... but Trump unpause is coming

HotCopper Highlights, Week 27: G8 scalped, Domino’s drops the box, Gemlife brief hype & more

Trump chides Powell as Goldman call for calm. The RBA must be nervous

Is Domino's a steal after -25% plunge?

Featured News