Has anyone commented on the $450k+ fees for the placement? 2% management fee and 4% placement fee. In such a liquid market are funds that hard to raise? Especially at such a hefty discount to market and low risk. The sophisticated investors are up 36% on todays price and the ink hasn't even dried.
Lets be terribly honest. What sucker would invest in the share market. If it wasn't for greed these soup kitchens wouldn't get off the ground.
Lets hope they pour some gold but they wont be getting any christmas cards from me.
TBA Price at posting:
5.5¢ Sentiment: Buy Disclosure: Held