The Next MoveThey have known for longer than several months that the PLM sale was going to be approved.
It might be presumed that during this extended period they were lining up their acquisition targets and establishing organic moves.
So, we could see the next move soon.
My own view is that we should no longer be involved in speculative investing.
Those assets should either be sold and net funds distributed to common shareholders as a tax efficient dividend or spun out as a new public listing to shareholders.
In both cases, intrinsic value of those investment would be unlocked and Aimia would move away from the Holding Company business model.