Hi Finch good to see you are still interested in BAO
Investors may be interested to know
MPIF ORDINARY UNITS about 30 Million
belong to BAO (they currently have no Value
apart fom voting rights ??)
MPIF INCOME UNITS are divided into 2 categorys about 52 Million
Direct Income Units issued to direct investors
Indirect income units issued to administration services
Now after the 2008 Fnancial years large sale of Income units
About 18 Million were redeemed in the 2009 Financial year
What was the relationship between the new 2008 assets
and the large redemtions in the 2009 year ???
Who were the plus $50 million worth of assets prchased from ???
I could go on but im am sure you get the drift
the 2008 Financial year trasactions should be investigated
by Unitholders or some responsible body
It may be worth unitholders getting an Accountant to review the accounts
of MPIF as they relate to the BAO position
Is there a major BAO unitholder interested in an investigation ???
Hi Finch good to see you are still interested in BAOInvestors...
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