"Can't get your head around their performance fees".
It's pretty simple, they get a so called performance fee for any positive change in NTA. People get it... they get its a f.... disgrace.
1.4% is not large for a management fee. You can't be serious... It's expensive. Anything over 1% is expensive. When you add on the performance fees... it's daylight robbery.
They took advantage of the pre-float hype because they had a good run.
If I have to read another report about value being the cause of their sh... performance I am going to lose it.
Just as you said, they are supposed to employ the full range of trading options... Surely this doesn't mean they can only perform when value stocks prevail.
NTA into the $1.80s, page-22
Add LSF (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$3.04 |
Change
0.010(0.33%) |
Mkt cap ! $1.885B | |||
| Open | High | Low | Value | Volume |
| $3.03 | $3.05 | $3.03 | $850.4K | 279.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 38367 | $3.03 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.05 | 86688 | 13 |
View Market Depth
| Last trade - 11.20am 16/05/2024 (20 minute delay) ? |
|
|||||
|
Last
$3.05 |
Change
0.010 ( 0.66 %) |
||||
| Open | High | Low | Volume | ||
| $3.03 | $3.05 | $3.03 | 17686 | ||
| Last updated 11.38am 16/05/2024 ? | |||||
| LSF (ASX) Chart |