PIH prime infrastructure group.

any sellers of aet&d no.1 non-voting shares?, page-7

  1. 7,424 Posts.
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    Aviator.

    I can understand why someone might want to SELL an unlisted equity position off market to close an account - if you were caught LONG. But to BUY an unlisted equity suggests to me that you are SHORT and need to close out. Holding a short position in an worthless unlisted stock for five months is an interesting feat!

    The willingness to pay 20 cents a share for the said worthless stock is equally interesting! I would be rather inclined to leave the account open and keep the $12,000. I suspect that eh AET&D No 1 Non-Voting Shares wont be around for long once the assets held in the AET&D No 2 are sold.

    Plainly you have personal circumstances that would explain all this, and it would be rude of me to speculate what they are.

    Good luck
 
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