See discussion on MOF thread. It must be on the cards - we just need the management banks (ING in this case) to either make a move to wrap the funds, or declare support and prop them with new lending. otherwise everyone is forgetting NTA and interest cover as a measure of value/safety, and just focusing on LVR.
I agree, its dumb as sex. But...this is the sheeple's choice awards!
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See discussion on MOF thread. It must be on the cards - we just...
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