yes I'm sure it will kick on a bit further, just remember that over a dollar lrf is basically 50% cash box and a very illiquid one at that which will have a big drag effect, not to mention will need to be at a discount to NTA.
what could end of year undiluted nta get to ?1.50, or 1.25 dilute - 10% discount = 1.12 = lrfo = 12??
whats current nta ?135, 117 dilute - 10% = 1.05 = lrfo @?7
Anyway this is just off top of my head and is probably wrong..... good luck
yes I'm sure it will kick on a bit further, just remember that...
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