dividend now due, page-7

the problem is that the investment in the wine grape growing mis investment business was in my view wrongly classified as an asset , when it is a disasterous liability.

how do you sell an investment in an unlisted uk business where the only potential buyer and associates are presumably taking out all sorts of fees and charges, and sees no need whatever to buy.

outlook worse now than when i voted against in june.

not hopeful of any distrib, and now unlisted shareholders can be treated like mushrooms - no continuous disclosure required.

sold est. 15% of my iwi holding pre delisting.

the brl growers funded this mis business and now reap the rewards of the wine grape growing oversupply, and the mis punters have no exit ( cant doze their wine grapes out) and have to contractually keep funding the mis managers fees and charges and wine grape sales commission expenses for some years yet, whether it is profitable or not.