Hey Sloanrunner, basically, without too much detail it's just had I have known they were invested in italian banks I would have waited for a lower entry given my outlook for Italy/Europe.
To try to explain, I rate Italian banks as very high risk and no catalyst, well no Long side catalyst, it's a bit like buying BLA on the 9th of may a nice 18% on the 10th and then it's all over, similar stuff just a different timeline.
To me high risk is stuff like GRB, BOT, CNW, SOP, AML....... stuff with catalysts that'll hopefully push them higher, driving returns.
Don't get me wrong I like the fund, just that they maybe in for some chop that I'm happy to sit out.
IPO - L1 Long Short Fund Limited, page-66
-
- There are more pages in this discussion • 9 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add LSF (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$3.15 |
Change
0.020(0.64%) |
Mkt cap ! $1.960B | |||
| Open | High | Low | Value | Volume |
| $3.16 | $3.20 | $3.15 | $1.637M | 515.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 21662 | $3.15 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.17 | 6743 | 1 |
View Market Depth
| Last trade - 16.10pm 16/07/2024 (20 minute delay) ? |
| LSF (ASX) Chart |