Ann: Introduction to NAOS - Presentation Materials, page-13

Ramamba

I too listened to the broadcast and left me with many questions.... If we vote No (and I'm still trying to get my head around all this stuff) and the previous managers went backwards and basically lost NTA, are you then saying that NAOS will be a better performing manager ? Isnt it a fait accompli ? I'm still trying to understand all the Politicking (sic) behind the scenes and trying to understand what effect it will have on our holdings and investment. If the previous managers LOST money in arguably one of the best times for small caps, isnt any change for the better ? I'm not trying to argue a case, just to understand wots goin on and how its going to affect me. Cheers