ALF australian leaders fund limited
Add to My Watchlist 1.49% ! $1.03

Ann: Net Tangible Asset Backing, page-3

  1. peejay2
    396 Posts.
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    13/04/18
    20:01
    Post #: 32447653


    But how does a shareholder benefit if the share price fails to match the NAV ?

    Have a look at the graph showing the share price and look at the returns over the past 3 years.........

    In one word ? Dismal ! The managers probably withdrew more in management fees, that the fund produced.
    ALF Price at posting: $1.03 Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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