The major holders used to be in it for the yeilds, and they went, so did the major holders.
83% leveraged and then GFC and asset prices took a hit, and Aquapeel bought too many and they have been selling at the first sign of any buying volume ever since, (usually to Orbis / GJT Funds Management).
The refinancing deal with the Eurobonds ensured survival and managements jobs for 4 years but there wasn't much incentive to ramp the share price up after that.
Still a lot of value here, and more importantly the potential for upside, unit price has the potential to double overnight adn still be trading at a massive discount to NTA. Worth having a handful IMO
GJT Price at posting:
$1.69 Sentiment: LT Buy Disclosure: Held