I’m not sure about that. In the bigger scheme of things a A$140mio investment in an approx A$47billion portfolio would not really cause a ripple. I just did the same calculation of the loss percentage on my portfolio against the current loss I hold and percentage wise my book loss is far far greater and I sleep alright at night.
Also, we don’t know what his initial outlay in RWC was-as presumably he had made money on that, so his initial outlay in RWC for his current FLC investment may be way less than A$140mio.
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