BAO brookfield australian opportunities fund

Hi Semi RetiredDont forget Brookfields could be decribed as...

  1. 498 Posts.
    Hi Semi Retired

    Dont forget Brookfields could be
    decribed as "crazy like a fox"

    So what is their agenda ???

    In MPIF it seems to me major transactions took
    place in 2008 without BAO or MPIF unit holders
    approval The transactions of about $60 million
    the value of which apears to have been written
    down by about $30 million
    These 2008 transactions need to be examined
    and should be referred to the ASIC
    ( I cannot be totally sure of my facts because
    of the limited information provided in the accounts}

    THE EFFECT OF THESE TRANSACTIONS HAVE BEEN DRAMATIC FOR BAO
 
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