"Wellington Capital as responsible entity of the Premium Income Fund has undertaken a campaign with the
assistance of independent advisers, Telopea Capital Partners"....continues
"Telopea Capital Partners", found here..
http://www.avcj.com/avcj/news-analysis/1719808/telopea-launches-team-arctic
"Telopea launches with team from Arctic"
Author: Paul Mackintosh
Asian Venture Capital Journal | 29 Jun 2010
one part states....
"Carracher was formerly CEO and Managing Partner of Arctic Capital, the family fund set up by Australian magnate James Packer. Carracher told AVCJ that he took the entire investment team from Arctic Capital into Telopea “to conduct the same strategy of bridging Australasia and Greater China through our own funds management and advisory capability.” continues
Would LLA be required to repay debts ie to PIF etc, before selling it? ...and an ex ARCTIC group might be most motivated to "campaign" for interested parties?
According to the experts this is a positive outcome for unit holders...
A minus millions amount but a positive outcome??
Non sophisticated investors arent explained enough,imlo.
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