Ann: Results of Annual General Meeting, page-18

Would be interesting to know if M&G hold their 9% in a growth fund or an income fund. If the latter, then this is going to be a long steady grind - but then if you invested in MRC at or around the onset of Tormin, you would have (or would soon have) a free carry.

I’m with you Traderci - over 20 years and really it is all quite disappointing really. MC could always shape a great story; delivery hasn’t been the strong point. Still it is paying his bills and keeping him busy. I am not surprised the major funders of Tormin are at his throat...