no agenda necessary. If you hold then i understand the enthusiasm, as i had the same enthusiasm when i held.
I bought into them on last hype, dumped them at 0.095, took the loss, no problem got other holdings with losses as i have other holdings with good profits, take the good with the bad.
The bulk of revenue is performance based fees, they are in the process of deleveraging.
murdock which analyst has a price target of 75 - 90? Your comment "dont forget they were one of the best performing head funds in a down market", was valid in November but not on the latest data.
The company has been damaged, there is a lack of confidence.
Would you invest in any fund that has triggered a freeze on redemptions.
If you were management and you knew precisely the position of your company and that the current share price is absolute ridiculous, would you not being buying your own stock? Check out NWH, and look at management buying their own stock, they are not a benevolent society. It certainly does give some confidence after a share price has been hammered.
best of all ring your broker for a recommendation.
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