Aimia Inc T.AIM

Mithaq Capital

[Mattywack2]

So it seems that Mithaq Captial out of Saudi Arabia now owns over 10% of the common stock and is buying more every day.  I wonder what their intentions are.  Make a takeover bid at 20%?  Do they want to take it private?   They now have more shares than MIM controls.

[Commonguy]

I agee it seems like many companies are targeted like AMIA because of the low share price and the outcome will be a buyout at 20% premium. What a shame !!! Shame on all of you that let this happen!

[Commonguy]

This was my post Febuary 11, 2022. I would normally agree with you in a world with no short sellers and the stocks being manipulate by other forces.  I also own HCG and I understand its not the same industry but it does draw a comparison of sorts. HCG like AIMIA use to pay dividends and that is why investors were attracted to the companies. HCG buys back significant amount of shares and as of

[Konaboy]

My question is where did they get the initial block of 9.4M shares?