BAO brookfield australian opportunities fund

Hi Finch good to see you are still interested in BAOInvestors...

  1. 498 Posts.
    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 ???
 
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