From the announcement today for ABW (Aurora Absolute Return Fund):
"A key priority for the Purchaser involves establishing an optimal liquidity mechanism for unitholders in the
following funds:
- Aurora Fortitude Absolute Return Fund;
- Aurora Absolute Return Fund; and
- Aurora Global Income Trust.
Details of this strategy are expected to be released shortly after completion of the sale (“Completion”)"
Completion is 30th June.
I wonder if the 'strategy' will mention any details of making the 8% holding in Antares AZZG notes liquid?!
AZZ Price at posting:
50.0¢ Sentiment: Hold Disclosure: Held