Caramello,You made comment about Trilogy's fund of only...

Caramello,
You made comment about Trilogy's fund of only $20million however you missed the fact of Balmain's ownership of Australian Mortgage Administration Limited (www.amal.com.au
) which currently services $8billion of mortgages funded by the likes of Colonial First State, Challenger, AXA and Australian Unity. I accept this is different to the RE role however they are not coming into this from a standing start and do have experience in mortgage management.

I just wonder if the opposition of this is due to people's CIY share ownership rather than their FMF unit holdings??