Yep seen it. That valuation isn't final though, apparently. Its likely to be revised, or so I gather from the letter. Hopefully a bit more, most likely a lot less...
Re: The "Fiscal Drip"
Thanks for all research Dinga, ASICK, Irishdan.
I also happen to be an unlucky investor who has been led down the LM garden path by their financial advisor. I actually asked for the funds to be redeemed before the GFC and subsequent LM freeze, but was refused redemption...
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