AFU
NCC, the listed LIC bought the original and subsequent purchases in CGA -- not NAOS the privately owned fund manager. So it is NCC's investors - approx. $80m - who are now wearing the close to $1+ m down turn in value ie some bought at 60 cents, later a large no at perhaps at an average of over 105 cents, and a month ago half at 90 cents - an average of ? perhaps 90 cents overall? Underwater this morning maybe $1m -- perhaps over 1% lost on performance in just a few months. Not a good omen for CTN shareholders?
DYOR
Is this the most ridiculous sentence ever written?, page-10
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