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$3.07 l1 long short fund limited

. when does it start trading?

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aimone

28,624 Posts.

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18/04/18

10:06

Post #: 32518537
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Originally posted by robrob ↑

I don’t recall a supplementary prospectus being mentioned in the original prospectus. Maybe it was somewhere in the fine print. It was mentioned in response to a question at one of the road shows and I get the impression it is an opportunist response to garner more fees. Some of the more successful funds are quite small to allow them to access more opportunities in the small to medium sector. Certainly a fund manager can be far more nimble with less dollars to play with. 1.3 billion! Seems like it will be as slow as a plumber going for his tools to get that lot invested. Very disappointing to those who expected a mid-size more nimble fund and it makes you wonder whose nest they are feathering. Just an opinion.

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when does it start trading?

LSF Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
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(20min delay)
Last $3.07		Change 0.000(0.00%)		Mkt cap ! $1.745B

Open	High	Low	Value	Volume
$3.07	$3.07	$3.04	$1.517M	494.7K

Buyers (Bids)

No.	Vol.	Price($)
3	11926	$3.06

Sellers (Offers)

Price($)	Vol.	No.
$3.07	16542	4

View Market Depth

No.	Vol.	Price($)
1	220	1.450
3	40286	1.445
8	146045	1.440
2	15000	1.435
2	504000	1.430

Price($)	Vol.	No.
1.460	2445	2
1.465	2250	1
1.470	4976	1
1.480	27015	3
1.490	37500	2

Last trade - 15.16pm 12/12/2024 (20 minute delay)

LSF (ASX) Chart