The anncmt today that all regulatory hurdles have been cleared...

The anncmt today that all regulatory hurdles have been cleared and they are free to deal with the fund within 5 working days.

It is pretty clear from the tone that they are ready to sell this up. I have a feeling we could be getting our dosh well before Christmas.

The NAV due out for June 30 in a day or two will give us a pretty good indication of what to expect.

Also Bernanke's announcement today saying that QE still has a ways to go yet and that inflation is very benign, well this news will further drive demand for income stocks/bonds etc and this is exactly what MXQ is selling.

Their timing for sale could not be better.

Party on.