no mathematically literate person would be interested in buying into the mis vineyard industry (nvfa- fabal) which the iwi directors invested the ignorant brl hardy growers funds into and consequentially stuffed the riverland wine grape growing industry.
ditto for a english unlisted wine selling business.
recall, a former investment manager of iwi (who was collecting half the management fees paid to berren the iwi sre),saying at one time ,that the unlisted nvfa was a well managed business (and was a good investment for iwi).
expect iwi investors enjoyed paying the recent tax bill on the iwi "capital gains" the directors allocated to them !!!!
possibly the former investment manager will buy.
IWI
international wine investment fund (the)
anyone interested in selling?, page-3
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