But LRF has stopped buying on market, presumably a major reason why it has fallen so much. What choice did they have, after paying >$1.50/share for a select 1/3 of the company and now being forced to borrow money from the bank?
Also, read today's (Tuesday's) announcement-they flag the distinct possibility for a reduced return, so 10% might be a bit optimistic. Let's wait and see.
below issue price in feb 2005, page-9
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