Seems that the Grande Pacific loan values from June 2007 to June 2008 jumped by about $6.9m - advances were not shown to reflect the increase (as best as I can see).
If this IS the $6.9m 're-invested' units shown in December 2008 then where is the corresponding 'redemption'?
Of course this $6.9m might be entirely new money, and in that case it should be termed 'Application' instead of 're-investment' as it is.
So, it's possibly (1) a misnaming of the amount, or (2) an error in accounting for these 'special' $1 units (unlike the .61c/unit held by the remained of the unit holders).
'a snack for the dingoes'?
CIY Price at posting:
3.4¢ Sentiment: None Disclosure: Not Held
