is there any hope..., page-5

I reckon management have done a good job of issuing releases' on where things stand in order to keep shareholders updated.

Unfortunately, after the hatchet job done by the short-sellers and the press I cannot see things improving until such time as they confirm actual receipt of funds from some of their asset sales.

Realistically nothing has changed with the company's operations (that we are aware of). There have been no defaults by their borrowers etc.

The biggest cloud hanging over them is how they are going to handle a flood of FMF redemption requests.

Regardless, according to my calculations (and again based on what is known) the stock is trading at an unrealistic discount to NTA. On this basis I bought another small parcel today at 35c.

As I have said before this is going to be an "all or nothing" situation.