RE: Questions for upcoming presentation11 Jun 2025 10:14
Damned if they do (share what they believe to be the date) and damned if they don't (why don't you update us?).
The last raise was to prevent winding up. And had ratification happened 3 months earlier, it might have not been required.
Or perhaps the plan all along was to get IIs on board to begin the process of uprating.
Which seems counter-intuitive, given that this reduces returns - but then perhaps not - as it promotes the share and gets other funds sniffing around - they invested - what did they see....
Either way, still a case of you back it, or you don't (however much one likes to carp on in the meantime, or even get your social interaction from "discussing" it (hat tip BonkoBukka).