HML 0.00% $1.99 henry morgan limited

Ann: Response to ASX Query, page-9

  1. 77 Posts.
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    Although this entire thing is a complete joke if anyone looked at what the independent experts report says on BRL for example - it has no operations (they put the value of the 'franchise' between 500k and nothing) the portfolio consists solely of JBFG shares and the 50k cash JBL had to spot it to keep the lights on! The rest is liabilities mostly management & performance fees (over 8m, 11.5m in total debts) it can't pay... back to JBL. And for some insane reason HML has an investment in BRL worth over $7m? Why so we can pay another layer of management fees to get more expose to JBFG? Is this real life?
 
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Currently unlisted public company.

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