Hi all, first post ... Just curious when moving to warrants from ML. I currently re-invest dividends back into the Navra fund with more ML $$$'s (once $$$'s have been taken out to maintain IP portfolio ) and re-balance to ensure I remain with an LVR of < 55% following a dividend payment. My understanding is that you must wait until the reset date to "re-balance" your portfolio. Will folks just invest in Navra units directly with no ML or warrants ? Sorry ... I am a little confused here and hoping someone can clarify.