Just had a good read through all those ASX announcements for today. Hard not to get really excited about the next 12 months here.
With the UBS increased holdings, the free float of shares is ever reducing as each day passes. I think many are going to be surprised by the turn around and how quickly it will ensue.
Just as Spencer told me this has been a long time in the planning, I believe many other events have also been a long time in the planning. I will bet that Apollo have the institutional manadates already lined up. They have no reason to be sitting on their hands, when they have an incentive now to get this thing firing.
The AUM they will bring in from their existing distribution business will dwarf the AUM numbers we are use to seeking here in Australia IMO. Very exciting times indeed. Glad to have increased my holding this week.
Kiril.
I hold.
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