Hey Stockdude,
Yes, yet another year passes by AQD without anything particularly exciting
The way I look at AQD is that with the enterprise value only about $10mm given they have approx 20mm of cash on hand that they are basically an option. The option being that even AQD might be able to find something, anything, in the next 3-4 years before they run out of cash.
Anyway, in the bottom drawer they will remain
update, page-3
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