I covered my NSC bet with OC Funds after the previous CTN independent directors thoroughly researched the market and gave OC a mandate on behalf of CTN over 12 months ago.
The current chairman Carrol was involved in O.C 's termination. I feel the directors associated with boubouras gave shareholders no coherent explanation for the termination.
OC funds has returned 37.8% for the year and 2.4% for the month compared to Naos (NCC/NSC) achieved -1.16 % for the month and 7.1% for the 12 months.
OC Funds also won the small cap fund manager of the year from Money management /Lonsec.
Fired the best and hired the worst.......why!
The writing would seem to be on the wall for these directors.
DYOR
NSC Price at posting:
76.0¢ Sentiment: None Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)