Hi DannyYour point is valid. That said, they are holding CIX...

Hi Danny

Your point is valid. That said, they are holding CIX (and have been for a long time) in one of their deep value funds. I understand also that they have a rep on the Board (J Lowenstein) who has been a key driver of the business. I actually think that any decision made would be the result of Lowenstein and Peter Hall *finally* getting fed up with Kirk doing nothing. A case of "if Nick won't do it, we will". Selling this insurer (or the portfolios of the insurer, then handing back the APRA licence and liquidating the capital for return to shareholders) may be the only short term way to get the best bang-for-their-buck. Sitting around and waiting for another three years may not be an option for Hunter Hall, that's all.

Thanks for the feedback - very good points you raise.

Regards
Kit