The discount question could have been answered better. Firstly, earlier it was described is widening a little. That is perhaps an indication of how much VinaCapital care about it. Whilst thanks to large purchases late in the year they did talk about $80 million being bought back in 2024, shareholders would be asking why not spend 100 mill plus when the opportunity is there? I guess doing that would shrink the fund size and reduce then amount the fund manager earns.
The discount question could have been answered better. Firstly, earlier it was described is widening a little. That is perhaps an indication of how much VinaCapital care about it. Whilst thanks to large purchases late in the year they did talk about $80 million being bought back in 2024, shareholders would be asking why not spend 100 mill plus when the opportunity is there? I guess doing that would shrink the fund size and reduce then amount the fund manager earns.