RE:RE:$310 Million US in InvestmentsI am not in disfavour with a quasi Dutch auction if the buy out value is above $7 but I don't see that happening.
Surely you have looked at the rapidly deteriorating financial metrics of Kognitiv and the very optimistic assumptions on which future fair value is based.
Common shares have dropped to just above $1,50 from $19.50 and no hope yet in sight for a turnaround.
Growth over the past three years is almost non existent, and operating costs are still higher than revenues.
It is also a repository for juicy executive positions for the Mittkeman brothers and one or two more Aimia executives.
Everyone and his dog made big profits coming out of the 2008 financial collapse just like the Mittkeman brothers .
Since then, Mittleman have failed to match exchange growth.
Based on Q1/22, and positing that the remaining three quarters will not any better than Q1, AIM will lose more than $60 million US on its current investment portfolio .
That is too big to ignore.
We should cut our losses and monetize these investment assets.