They have a good sense of irony
“a responsible entity unrelated to the negative sentimentthat has prevailed over the USMasters Residential Fund (URF.ASX) (for which E&PIL is the responsibleentity), which maybe a contributing factor to the discount to NTA at which [each CD] Fund trades”.
“you may choose to vote against the Proposal if you do not consider that the benefits [with K2] described abovewill be superior to the existing Responsible Entity remaining in place. WHAT?! You mayalso prefer the existing governance and services provided by E&PIL WHAT?!
“the [CD funds] Merger Proposal was withdrawn on 31 October 2022 due toUnitholder feedback”... and proxies runningat 85%+ AGAINST.
“some of the disadvantages of the Proposal include: -.E&PIL has considerable knowledge of the Fund, its operations, and itsportfolio, which may take time for K2 toreplicate; I certainly hope that K2 does not "replicate" E&PIL.
- some Unitholdersmay prefer that existing arrangements with and services provided by E&PILremain in place”; There is every reason to change RE and no reason to remain with status quo.
We must hope that, under K2, disclosure practices will improve in timeliness and quality.
They have a good sense of irony“a responsible entity unrelated...
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Last
$1.18 |
Change
0.000(0.00%) |
Mkt cap ! $84.99M | |||
| Open | High | Low | Value | Volume |
| $1.19 | $1.19 | $1.18 | $66.37K | 56.25K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 11360 | $1.17 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.18 | 500 | 1 |
View Market Depth
| Last trade - 10.31am 25/06/2025 (20 minute delay) ? |
| CD3 (ASX) Chart |