BAO brookfield australian opportunities fund

rmp6868 said "I think the management are trying to do an orderly...

  1. 498 Posts.
    rmp6868 said

    "I think the management are trying to do an orderly liquidation, but a lot of the assets are illiquid. A in specie divide up and distribution can't occur until the debt has been repaid. I like to know what plan the MPIF shareholders who declined the last proposal have up their sleeve."

    Illiquid Assets

    Cash $17 Million BPA Units 2.5 million current buy back has 4.9 million to go price now over $4 each $10 million plus to BAO
    Represents close to 3.5 cents per BAO unit in cash

    LIQUIDATE BAO TO RETURN SOME VALUE TO UNITHOLDERS IMO
 
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