LSF 1.29% $3.15 l1 long short fund limited

Reality check 2, page-46

  1. 4,831 Posts.
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    I know EXACTLY what I bought into ! And, I am not confused nor complaining !
    I bought at approx $1.48 and UNLESS profits had increased and NAV had increased, then the SP would never had got to the $2.00 mark !

    No complaints from me and I had previously agreed with you.
    But don’t confuse a generalisation about what generally constitutes a successful company with a specific complaint about a long short fund and how I should think about it !
    It didn’t happen !
 
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