CGA 0.00% $1.00 contango asset management limited

Ann: Assignment of Contango MicroCap Limited mandate, page-7

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  1. 4,783 Posts.
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    I can't but feel this was contrived from the beginning. On your comment about multiple, if NAOS are paying 6x, and over 5 years, what is the multiple the other parts of the business are valued at, and why would anyone pay more than 6 times for any of that? I mean you'd certainly value their microcap clients at zero, none of that money will stay.

    Just what is left

    Switzer
    CIE
    CQG
    Other clients?

    Are shareholders entitled to know what exactly they own?

    Also, this is a material asset one would think. Can they just sell it without CGA shareholder approval? Can CTN let it be on sold like a cheap Thai Horse without it having their shareholder approval. lets not forget this is CTNs fund, not CGAs
 
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