I have no idea Tuart but I am sure there are plenty of us who would like to know. I would expect some sort of update regarding this new information.I think PIF holders deserve to be informed as to how the fund got into the situation where it owed $184 million. I would also like to know why the loan to LLA was unsecured. I was under the understanding loan to value ratio from the PIF for commercial loans was 66.67% and the fund did not lend or invest in MFS majority owned entities, page 19 in the PDS.There are a lot of unanswered questions regarding the fund. I did try to get some answers from Guy Hutchings but his response 2 months later was hardly worth the effort. I hope this works out and the fund is fully operational in the not too distant future. Some holders have been with out income for 4 months and this is extremely unacceptable. Thank you for helping us out with your knowledge Tuart, it is very much appreciated. Cheers, Seamisty
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I have no idea Tuart but I am sure there are plenty of us who...
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