Ann: AIQ - Alternative Investment Trust - Fund update-AIQ.AX, page-3

Thought I might find you here boxhillnorth.
I guess with so many companies treating smaller shareholders poorly with capital raisings at times you are perhaps concerned here?
So far the announcement is quite vague as it is a non-binding agreement. However, I remain optimistic anyway. The fund is shrinking so if they continue capital returns the expenses with the current investment manager get quite high. So the time is probably due soon to change strategy.
My best guess, or maybe hope, is a new investment manager wants to subscribe for new shares at NTA and kick off a fund which has enough scale (as opposed to the current $15 mill or so fund), whilst also get some benefit of tax losses from AIQ prior.
With a bit of luck, the new manager does not impose outrageous fees or dilutive raisings on us smaller shareholders, and has a decent reputation, and if so this could be a good option from here. The major shareholders of AIQ are listed in the factsheet each month and I am hopeful they can negotiate something good for all shareholders.
Am I being too optimistic? We shouldn't have to wait too long to see what this is all about anyway.