offer sounds good to me, page-7

KEM

"bases" in your hindsightful and thought provoking missive implies a plurality that does not exist.

As a part owner, I want at least NAV (not just NTA or less). There is a value attributable to the funds management business (which is not reflected in NTA) and property prices and yields will improve and they are.

Why should we sell now? Thats plain crazy.

They can go take a running jump.

Or liquidate the business.

I remember when lawyers and tax collectors were reticent to say what they did for a living. Now its starting to look like directors of companies should be embarrassed to admit their occupation.