Antrim Energy Inc. ATGYF

RE:AABA is liquidating

[Bookends]

Interesting... Have you done any math on it??

Webside says the SP is at about 25% premium to NAV... 

Thanks

Malpeque2 wrote: The procedure is a little more straightforward in terms of disclosure/timing/and ultimate distribution.  Most of the assets,  BABA stock have been converted to cash already. 

IMO you get 80-90% of the proceeds prior to filing the dissolution notices in Delaware.
That would be sooner,  rather than later like Antrim. 

Then the timetable for events is fairly clear.    They have estimated expenses and estimated proceeds  after tax.    The good news here is that the amount of money is large so expenses for the carry to full disolution should be small relative to the eventual proceeds and earning of interest on the $$$ in the interim.     AABA does have it invested in an assortment of hopefully short term liquid and safe corporates and govt. debt,   money market mutual funds.   Etc.  etc.