Report taken from10 September 2008 - David WalkerRAB Capital...

Report taken from

10 September 2008 - David Walker
RAB Capital proposes three-year lock on investors in flagship fund

"The two feeder funds represent more than 90% of the $923m (€654.6m) in RAB Capital's special situations strategy, which lost 22% of its value last month and 48% so far this year, according to RAB Capital, as small resources companies in which it invests fell in value."

This has been having a HUGE bearing on the Norton share price and will do so until this fund is closed and assets sold off.
Loss of 48% so far this year is bad enough but these guys are still drawing fees and big fees from the fund!! The fees and fewer loss reporting will just about wipe them out completely - this is NOT a good situation