But while the new responible entity has to protect unitholders rights etc. I have seen underfunded REs ramp up debt for cap works & new acquisitions etc.(and consequently their fees) on the odd occasion.
Lets hope CH can manage to keep reducing MOFs debt & LVRs and that ethics improve as you have suggested.
Anyway we all have to vote in favour to the mooted changes before they can progress, so lets see whats on offer.
Have been advised MOFs financials out next week. Good luck to all
MOF Price at posting:
28.0¢ Sentiment: None Disclosure: Held