auction not looking good, page-2

As suspected nothing sold in the auction. And SP now hugely lagging NTA. Go figure that Carrousel got about $1.54 per share compared to todays trading range of $1.15 to $1.185.

The only thing I'm mildly happy about is that it has provided me an opportunity to re-enter the stock (very small holding only) at around a 35% discount to NTA after previously exiting over $1.50.

Would be willing to invest more with LRF if they hadn't made such a bad decision re those funds.

MJS