Torchlight Securities - Rat in me kitchen

The UB40 song goes;

There's a rat in me kitchen what am I gonna do?

There's a rat in me kitchen what am I gonna go?

I'm gonna fix that rat thats what I'm gonna do,

I'm gonna fix that rat.

Speaking about fixing, what exactly is being fixed right under shareholders’ noses?

Think! Thiiiiiiiiiiiiiink about id!

The FMA is kicking up a big fuss about Kerr, Mogridge, et al using a Perpetual Trust vehicle to patch a hole at Torchlight Fund LP 1 and rightfully so.

But what is happeniiiiiiiiiiiing??

Open letter to the NZX and FMA

The letter below went out to the NZX, the FMA. A reporter and Bryan Mogridge was copied on this letter. I will post any replies.

Cheerio!
jA