I think this return was almost certainly from an investment made in Maquarie Fortress Warrants who invested in U.S company Bonds
Maquarie recently sold the portfolio for 45cents in the dollar ,wound up the Fund .and returned the balance to investors
The return of monies had absolutely...
This post was made by a good friend of mine many years ago on another forum:
What seems to have slipped under the proverbial radar here is this:
The son of the ASX Chairman, Maurice newman obtained a Financial Services Licence. But this particular licence " ... included a nominee company...
Marcom
They all have their snouts neck deep in the trough
Remember this guy was once the CEO of the ASX
Tony D' Aloisio son sold a buisness named Green Frog Nominees that later became a Company called, Opus Prime
Mary, I am truly saddened by your circumstances
The PIFI is fighting, and I can assure you we will continue to do everything in our power to protect the rights of investors such as yourself , who have been forced to sell their units on the NSX for a pittance, to ensure that your rights...
Selciper
To be fair some of these employees may be multi tasking in other WC operations
Nevertheless it would be very interesting to know what sort of profit margin
Wellington Caspital is operating at with our ruined and devastated Fund , after operating expenses for staff etc .
in...
Thanks Mae, John and Towbar
What comes across is that the great majority of investors simply do not understand
what has actually happened to our Fund.
The fact that people would actually applaud someone ,who was cynically prepared to devalue their assets by 30% to save her skin , and...
Thomas Jefferson said in 1802:
I believe that banking institutions are more dangerous to our liberties than standing armies. If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will...
Selciper
A recent survey found that 20% of the public believe Sherlock Holmes, Miss Marple, and Black Adder are real people.
Only 8% of people change their opinion in regards political affiliations , Tony Abbot could take off his Budgie Snugglers and go running down the street stark...
Exactly Duped .
601FC(1) Corporation Act compels the RE to treat members of the same class equally.
And that is the only law a Judge would have to work with, unless a constitutional amendment is put in place.
Even with a Fund Manager acting in good faith , we could have a very...
Selciper
I think it indeed would be useful to formulate a list of questions to ask at the ,so called ,.information session. I am prepared to start with this one below :
Jenny
Three years ago I prepared a submission, and subsequently had an interview with an ASIC analyst ,where I...
Hi Bahbituan
In a perfect world , new investors who have not lost money as a result of the PIF fraud should not be entitled to any proceeds from the Class Action at the expense of those investors who have suffered financially.
I sincerely hope this is the case; the presiding judge of...
We all have to remain objective and dispassionate in our current disagreeable circumstances.
The last thing we want to do is bother the Mod unnecessarily.
God Forbid that we turn into a society like China were ever internet discussion is censored
Javier
There are approximately now an extra 75 million units in the fund as result of the placement to unknown so called sophisticated investors
In exactly the same way as Judus Iscariot betrayed Jesus the people who took up this offer would have demanded their 30 pieces of silver...
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