URF 0.00% 28.5¢ us masters residential property fund

Samuel Terry opposes K2 appointment, page-7

  1. 17 Posts.
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    Saw the AFR news article yesterday and contacted Terry Samuel Asset Management as a result of Raven1 sharing the info (big thanks to Raven1). It does sound like having an investor with skin in the game and acting for themselves (and also the rest of the unitholders) to achieve the best outcome for all makes more sense than K2 ? One would assume that K2 would want to retain the Funds under Management for longer as opposed to us unitholders who see winding up the fund orderly by gradually maximising the sale prices of the underlying properties would optimise the vale of URF ? I would think that most of the unitholders are disengaged initial shareholders who bought in at $2 and already see this as a total write off vs the newbies who probably bought in at much lower prices and hoping to either achieve a good gain or at the very least recoup their capital.
 
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