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  1. #1671
    Senior Member
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    12% discount?

  2. #1672
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    Quote Originally Posted by mike2020 View Post
    12% discount?
    U will see that in today's NAV report while AGM going on ...some forces try their best to tarnish KFL reputation ...hammering happened before warrant exercise date and now before AGM ....12% discount when rate worm has turned surely cant be market decision to sell yesterday to bring SP to 1.21 ...makes one wonder

  3. #1673
    Speedy Az winner69's Avatar
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    Quote Originally Posted by alokdhir View Post
    U will see that in today's NAV report while AGM going on ...some forces try their best to tarnish KFL reputation ...hammering happened before warrant exercise date and now before AGM ....12% discount when rate worm has turned surely cant be market decision to sell yesterday to bring SP to 1.21 ...makes one wonder
    Jeez $1.21 …shar was the warrants exercise price again? …makes me wonder
    ”When investors are euphoric, they are incapable of recognising euphoria itself “

  4. #1674
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    They should be prompt with another warrant issue as growing the size of the fund mitigates the impact of overheads, on a per share basis. And given the current state of the market it is a prime time for a warrant issue to add value.

    I think they should always have warrants on issue. I don't know of any real reason for the extended periods between these actions.

  5. #1675
    Speedy Az winner69's Avatar
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    Wonder if Matt will get a standing ovation at the ASM

    Seems KFL ASMs are a bit like a love fest (keeping religion out of convo)
    ”When investors are euphoric, they are incapable of recognising euphoria itself “

  6. #1676
    Speedy Az winner69's Avatar
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    I voted NO for Director re-appointment… 14 years at the pugs trough is far too long

    Voted NO against David …as Chair of Investment Committee he needs to be told he hasn’t earned his fees
    ”When investors are euphoric, they are incapable of recognising euphoria itself “

  7. #1677
    Speedy Az winner69's Avatar
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    Quote Originally Posted by ronaldson View Post
    They should be prompt with another warrant issue as growing the size of the fund mitigates the impact of overheads, on a per share basis. And given the current state of the market it is a prime time for a warrant issue to add value.

    I think they should always have warrants on issue. I don't know of any real reason for the extended periods between these actions.
    I look forward to you asking ….and the uh hum response but shareholder returns are top of mind blah blah
    ”When investors are euphoric, they are incapable of recognising euphoria itself “

  8. #1678
    ShareTrader Legend bull....'s Avatar
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    Jan 2002
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    someone should ask how they can manage to pay div's this high without selling stock
    one step ahead of the herd

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