Can anyone tell me why the PAF share price is dropping like a stone on decent volumes when their competitors such as PAI and EAI are holding up so much better? PM Capital investment performance looks good enough to me in both the long and the short term and I have not seen any disclosure of changes in key personnel. I have owned LICs whose prices have fluctuated due to their lack of liquidity but nothing as inexplicable to me as this. What am I missing? Maybe someone who is selling can tell me why?
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