Kooka, explained better than I did about the unlisted fund. I dont think they have explained what their ,intentions are regarding the unlisted fund(except to wind it up. ). I know that Steve wants to keep FUM under $200m and I dont know how many people will take up their rights. Doesnt seem to be much point now, now that the SP is almost equal in price to the rights. Couldhave, wouldhave, shouldhave been different if the performance had been better over the last 6 months with the SP presumably holding up better than it has, and there would have been a greater price difference btw the SP and the NAV and a better incentive to take up the rights. Lets hope that Steves “luck” improves.
Last edited by peejay2:
Small afterthought.13/09/18
FOR Price at posting:
$1.62 Sentiment: Hold Disclosure: Held
