Cohen & Steers Tax-Adv Pref Secs and Inc Fund V.PTA

Primary Symbol: PTA

The Funds primary investment objective is high current income. The Funds secondary investment objective is capital appreciation The Fund seeks to achieve its investment objectives by investing at least 80% of its managed assets (i.e., net assets plus assets obtained through leverage) in a portfolio of preferred and other income securities issued by U.S. and non-U.S. companies, which may be either exchange-traded or available over-the-counter. In pursuing its investment objectives, the Fund seeks to achieve favorable after-tax returns for its shareholders by seeking to minimize the U.S. federal income tax consequences on income generated by the Fund. There can be no assurance that the Fund will achieve its investment objectives.

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Cohen & Steers Tax-Adv Pref Secs and Inc Fund > Enterprise Value Update

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Post by dbeaudeon Apr 18, 2015 11:16am

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Post# 23643285

Enterprise Value Update

$64.5 million and counting....$7.97 per BBL of 2P reserves. If it gets any cheaper it will become too compelling to pass up. It will not matter if it is the right fit the bargain basement nature of the bolt on acquisition even at 4,500-5,000 BBL/day and the addition of 8.1 million BBLs of 2P will just be too tempting for a number of companies. Way way cheaper than finding and development costs.

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Desert Gold Ventures - A jewel for the investor?