$VVHPEO\SURFHGXUHV
'ULYHVKDIWWRHQJLQH)LJ
/RRVHQ WXEH ORFNLQJ EROW ,I VR HTXLSSHG DERXWWHQWXUQVVRWKDWWKHEROWSRLQWZLOOQRW REVWUXFWGULYHVKDIWWXEHWREHLQVHUWHG:KHQ LQVHUWLQJGULYHVKDIWWXEHKROGWKHWXEHORFN
LQJEROWRXWZDUGSUHYHQWLQJLQVLGH¿WWLQJIURP REVWUXFWLQJDVZHOO
,QVHUWWKHGULYHVKDIWLQWRWKHIDQFDVHRIWKH HQJLQHSURSHUO\XQWLOWKHPDUNHGSRVLWLRQ RQWKHGULYHVKDIWWXEHPHHWVWKHIDQFDVH
127(
)RU7%&&&6DWWDFKWKHSLSHKROGHUV RQ GULYH VKDIW WXEH DQG WKHQ LQVHUW GULYH VKDIWLQWRIDQFDVHSURSHUO\XQWLOWKHPDUNHG SRVLWLRQRQWKHSLSHKROGHUPHHWVWKHIDQ FDVH
127(
:KHQLWLVKDUGWRLQVHUWGULYHVKDIWXSWRWKH PDUNHGSRVLWLRQRQWKHGULYHVKDIWWXEHWXUQ GULYHVKDIWE\WKHFXWWHUPRXQWLQJHQGFORFN ZLVHRUFRXQWHUFORFNZLVH7LJKWHQWXEHORFN LQJEROWOLQLQJXSWKHKROHLQWKHVKDIWWXEH 7KHQWLJKWHQFODPSEROWVHFXUHO\
,QVWDOODWLRQRIDWWDFKPHQW
KROH RI WXEH DQG WKDW WKH WXEH ZLOO QRW FRPHRII)LJ
7LJKWHQWKHNQREQXWVHFXUHO\)LJ
,QVWDOODWLRQRIKDQGOH)LJ
$WWDFKWKHKDQGOHWRWKHGULYHVKDIWWXEHZLWK
WKHDQJOHWRZDUGVWKHHQJLQH
$GMXVWWKHORFDWLRQWRWKHPRVWFRPIRUWDEOHSR VLWLRQEHIRUHRSHUDWLRQ)LJ
)LJ | )LJ |
|
|
|
|