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.
MXQ Price at posting:
16.0¢ Sentiment: Hold Disclosure: Held