Until March 2017, shareholders knew by 2nd trading day the...

Until March 2017, shareholders knew by 2nd trading day the following---
NTA - Top 20 stocks reprinting close to 50% of assets - performance results for 1 month, 3 and 6 months, 1 and 5 years . And longer periods.

Until Sept the stock details halved, the periods of performance almost disappeared Except the + Ve long term ones from earlier Mgt.

From the NAOS presentations, it appears even less info will be available. Where shareholders are invested is apparently NAOS' personal "IP". Too precious for Shareholders? And when ? Judging by end Oct - the target appears to be mid month?

NAOS took over on 27 Sept when CGA handed a resignation letter ( Said they couldn't deliver performance - yet the Then CTN Board allowed them to get $12.5m for failure - hidden who pays BUT effectivtively paid by CTN shareholders through excessive investment management fees for the next 10 years )

October results not encouraging, which was circa 1% compared to XSO of almost 6 %. XSO in November up near 5%.

Given NAOS advised, they moved rapidly to clear previous stock, and go to half cash. There is nothing like dumping some else's tips rapidly at lower prices, and also holding huge cash levels at a time when XSO earns over 10% in just two months

These first two strategies by NAOS were clearly a major contributor to the disastrous October performance ( not really that different to the CGA performance- that CGA self immolated over ).

Maybe those strategies are going to have a similar effect in November?

When will shareholders be informed? It is an important matter for the future success of this new Manager

Another bad month will take a lot of good months to rebuild "belief".

DYOR