I certainly feel a lot more comfortable to be buying now. From...

I certainly feel a lot more comfortable to be buying now.

From the 2016 Annual Report, these are my main takeaway

After the global financial crisis, in November 2008, an affiliated entity controlled by the three executive directors of the Board purchased 19.5% (51,252,240 units) of the publicly-traded units of RNY to align themselves with unitholders and as a sign of confidence in the RNY assets and markets.

Our Portfolio’s lenders have shown their confidence in our ability to return maximum value by leaving us in place to operate and dispose of the Portfolio,

management and the Board agree that the best strategy to maximize unitholder value is to market the remaining Portfolio assets for sale and distribute any remaining proceeds to RNY unitholders (after the payment of mortgage debt and other expenses).

In addition, my recent correspondence with the company reiterated their belief that the NTA will be in the ASX announced 4c-10c range.

It will still take considerable work to finish marketing and selling the remaining properties, but the commitment and want is there.

Milesy