I got out at 97 a couple days ago as there was no note from management they support; And I feared a fight; I doubt any competing offer will come since, in this case, owners and renters and management are all on the same page and in agreement; this will likely just 'happen' in due course.
Based on this new info, I think the price should settle around 98 cents, with the buyers being those who want a 2% profit in a couple of months; sellers (like me) are those who either doubted this would get up (over 75%) or who think $1 is 'the number'.
Dare I ask, after the $1, will there be any fees to management to lessen that down a little on distribution to holders. Or is the $1 straight cash to holders from MAC. I think the latter so no worries there.
Now, time to find some other stable undervalued dividend holding. Any advice from you learned ones. To the MODS, it will not be cross promoting. As this share is going away. So we can discuss shares 'like' VTH.
VTH Price at posting:
96.0¢ Sentiment: Hold Disclosure: Held
