michaelirish update please, page-9

Thanks Yavanna.
In relation to MBL I know how you feel
They have not been able to convince the market of the equity of their business model as far as it concerned the MIG agreement on fees.

Alan Kohler and hedge funds have pointed to the efforts of MIG management to fill the coffers of MBL with the lastest aquisitions in the ITR and APRR.

Now that MIG is going to have a 'rebirth' US investors will want a big change in the base fees of MIG.

Back in 1996 I did not see the issue of fees. It is only the recent years that I have noticed how loaded MIG's acquisitions are against shareholders of the present viz shareholders in 10 yrs.

I understand you Yavanna.

A new day may be dawning.............