Fells don't forget Sexton is fronting the Senate Committee on IOOF Scandals. That ought to have some impact on this in this volatile market. Like my mate Katavi said Executive risk is the big thing here. Whether the market likes the LIC type management fees etc only time will tell. At best it may give a 10% Stag if everything falls in place. If anything goes wrong could deliver a 20% + TANKING EASILY TOO. It all depends on many things!! Without a doubt there is aftermarket risk in this. around $29 mil + was raised at 30c and Sexton is raising a lot through his Beston pacific to get the Brokerage Fee. So anyone with a bit of brain are getting what they want through that source.Its not under written either so main main concern in this for me is After Market Risk even more than Execution Risk. Cheers.
