I guess you know Ferdiefor is back and on the ACAS board.Also,Ferdiefor sold his ACAS.
One of Ferdiefor post below.
Re: Dividend - cash element yielding 23% 7-Mar-09 10:04 am Those of you that believe suspension of mark to market changes anything are diluding yourselves.
Stocks are based upon valuation. ACAS is so illiquid and unable to pay a dividend that its valuation is appropriate at next to nothing.
ACAS isn't going to get to mark up assets magically. The fact is ACAS is a portfolio of illiquid assets trying to function in an era where liquidity and strong balance sheets are the key to long term survival. Rating : (20 Ratings)Rate it: