internalisation = ilf will not be sold, page-2

The internalisation has always been on the cards and significant shareholders have indicated strong support for existing management who have done a very good job in my opinion.

I believe ILF has strong upside for here. I am not convinced that the market appreciates just how transformational the sale of the US assets will be for the business. Today's release specifically indicated confidence that these assets will be realised in excess of valuation.

Rather than me doing the sums you can watch a video of Steve Johnson from II Funds Management doing them based on the numbers today:

http://www.iifunds.com.au/bristlemouth/thoughts-ilfs-half-year-results