good value for assets - foreget it
what value for minority interest in unlisted large grapegrowing mis business nvfa (no one will make an offer - associated with former ceo of fund at the time ) which was funded with est. $7million of iwi unitholders money without approval from then iwi unitholders.
gotto applaud the riverland iwi unitholding grapegrowers - - they kicked an own goal - they were volunteered into funding one the largest wine grape growing mis which largely caused the grape oversupply which stuffed the riverland wine grape growing industry
investment manager of last 3 years is not commenting on this "brilliant investment"
ive voted against - dont have any confidence in directors & investment manager with turning iwi into unlisted entity with no exit outlet.
if largest iwi unitholder votes against - the 75% required vote cannot possibly get up - assuming est 50% of iwi units on issue are only voted
hold iwi
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