Its about the best they could do given the circumstances. I will be interested to undertand how the redemption facility will work but I assume if there is a regular opportunity to redeem at NTA less costs we might have an opportunity to get a reasonable amount of our money back( assuming most holders are sitting on losses)
Pending the time frames I might hold on. If its going to take 5 years to redeem however I might cut my losses, sell 80% now (assuming the 20% is correct) and wait for the balance to be redeemed in reasonable time
LRF Price at posting:
65.5¢ Sentiment: None Disclosure: Held
