MXQ 0.00% 2.3¢ max trust

Ann: Request from members to hold a general meeti, page-14

  1. 189 Posts.
    re: Ann: Request from members to hold a gener... Thanks for your response Dargie

    But the tax losses would not be lost if the capital return was paid out first.

    the par value of the units was I think about $1.00

    We have 25 cents already, if they return the other 16.6 . the total return would only be 41.6 cents . The entity would still exist , we would still have our units and they could recap not affecting the ability to use the losses if they passed the same business test which I assume they will be doing.

    the buyers are not necessarily Alceon friendly they could be apposed and buying to block or push for a better deal.
 
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