Post by
lifeisgood1010 on Jan 20, 2023 9:53am
16 year high and huge special div.
I don't have level 2 info. but with all that extra capital accumulated over the past 2 years,
and with so few shares( float of 3,297,047 shares), i am guessing that the few hundred
shareholders don't want to sell giving the possibillity of
1- A special dividend of anywhere between $3 an $5 since there is at least $7.50 of
excess cash to run the normal course of the business.
2-There are talks of a takeover of privatization of GDL.
It won't take much to take Goodfellow to more than $20+.There assets are worth more than
$25 so on a takeover basis one might expect close to $30