end of capital hedging..., page-5

Thinkingloudly ,My Thoughts , AJA will default on at least the August 130% geared trust , that would be good for NTA, although I think the fund is vulnerable to a take over or a JV take over with management similar to TSO due to the serious discount to NTA, the TSO offer was about 30%below NTA but still doubled the shareprice , still good for share holders but for best price, wind up the fund and collect $5.70 not the rediculus $2.05 today, there are plenty of funds on the prowl attracted to buy out the trust assets at a discount rather than pay market, time will tell.