Agree, very frustrating year, I have no doubt deals have been sought, but to no avail, I suspect that in part this is due to, too many cash shells out there in the market at the moment, seeking aquisitions. I would not be surprised to see a wind up of the fund this year and a cash back to shareholders. I estimate that given the shares in issue, there is approx. 0.75p per share available at present.However if the management forego theirs then 1.5p per share would be available. DYOR
Rodders