Ann: Arowana Australasian Value Opportunities Fund Update, page-2

"The offer will be open from 1 December 2014 to 17 December 2014 and a priority entitlement has been secured for AWN shareholders registered as at 14 November 2014. Further information can be found at www.aavof.com."

The priority offer is open to NZ and Aust AWN shareholders.

I am not a huge fan of LICs and have taken a beating on the recent float of Acorn but AWN has delivered a pretty good return since listing and the management fees are reasonable I suppose at 1%.

Any thoughts?