IFL 0.32% $3.12 insignia financial ltd

Hi BK101 : thanks for the comment.  You are technically correct...

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    Hi BK101 : thanks for the comment.  You are technically correct but I was trying to keep things simple 'cos AEI's returns on $8.8 mil invested by AEI in IOOF  will still relate to the performance of IOOF as a manager of significant assets.  Obviously it's relatively simple for AEI to cash-out since their investment is via shares - always was their right.  Pity that IOOF is embarrassed by the publicity.
 
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