The Mittlemans were also activist value investors. How did that work out for $AIM.TO shareholders?
UK investment trusts routinely trade at massive discounts to net asset value. Boaz Weinstein has made a career out of force liquidating them. Aimia is becoming a UK investment
@SultanAmeerali How about the activist fund and manager track record
There's a thing that happens every few years. Some value bros discover $AIM.TO and start pitching it.
To that I can only say ... Friends don't let friends buy Aimia.
If you need synthetic rope exposure that bad, go to Bass Pro and save yourself the brain damage of owning a
$LODE
First the mining assets. Next up is the land.
In this case, luck = opportunity + liquidity.
This trade is already +13% on the straight long of $RUP.TO —> $AEM.TO
So that’s more CVRs at a deeply negative cost-basis and they’ll most likely be listed on the TSX, so there’s mark-to-market liquidity as well.
Love a good market meltdown. I bought Rupert Resources today at ~$8.80. The exchange ratio on $RUP.TO is 0.0401 when it eventually flips over to $AEM.TO.
I don't think I'll have any problems selling Agnico Eagle shares above my breakeven price of $219.45 and keeping the $3 in