lrf discount to nta, page-11

Quarterly report stated that some of the loan funds they have out are coming in reasonably soon. That, combined with maybe $10 or $15 million from options that will likely be exercised should fund the distribution I'd imagine.

They have pretty much stated the distribution will be 30% higher than last year - so I can't see them going back on that. But yes, I imagine their new investments will be curtailed until they clear the ANZ debt (unless they plan on turning this into a permament facility - hope not).

Interesting that the price jumped after the last day for the 1st lot of options pricing hey.

MJS