Hi Cubist,
The wind-up timing and process is at the RE's discretion, but if it takes too long, there are potential remedies open to us. In the Notice of EGM, AIMS says it expects the wind-up to take up to 18 months.
I also don't know the answer to your tax question. I'll break it to you gently, but the wind-up proposal, if successful, will make APW unitholders richer, and most unitholders will have to pay a bit of that in tax.
The RE could make some in-specie distributions of assets.
The reason we chose this resolution is that it is the one resolution that fixes the structural problems of APW, but on which AIMS cannot vote.
Regards,
Fred Woollard
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Last
$3.02 |
Change
0.000(0.00%) |
Mkt cap ! $134.4M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 872 | $3.02 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.08 | 10000 | 1 |
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