Well thanks for that but you offer nothing new and the fact that incompetent management and sequent losses left the audience so shell shocked no one challenged management doesn’t surprise me that much. My point remains. No forward guidance and what’s the plan to restore unit holder value? How is retained income providing there is some going to be used in the short and medium term? When are they going to drop the (look through) waffle or at least explain it? Since they lost 400 million or there abouts in derivative, currency hedging and other financial positions are they prepared to offer clear and on going guidance as to what trigger such types of losses if at all going forward. Re the defaults yes I know that’s how it’s now set up but any unit holder’s equity will be lost. Look I still one some but I have little to no confidence in management to buy any more with their track record.
MOF Price at posting:
31.5¢ Sentiment: None Disclosure: Held