This is a limited partnership that is being wound up. The list is all the equities that the LP currently owns. The investors have the option of taking possession of the individual securities rather than cash.

If Ravensden's investors want cash then all the securities have to be sold at fire-sale prices. If they choose the securities then Ravensden will just mail them the certificates.

For example, if an investor has 1000 units of the fund then they can get 175 shares of QEC.

Either way it should not have too much effect on the SP.

Hope that helps.

TW.