Mind the Gap

Have hit the buy button today. NAV up to $1.86 so current unit price offering a 13% discount. Am taking the punt that the gap wont get much bigger than this - might be wrong in the short term but you can never time it perfectly.

The options carrying the 7.5% discount are seriously out of the money. They have become a bit of a short term embarrassment for Hamish.

Anyway - Good luck to all unit holders - stay patient.