This looks to me like a scare tactic from management so that they can buy ABM at a knockdown price so I am holding on to my ABM shares and if I am wrong it looks like a really stupid move to put ABM up for sale when we do not know what ABM is likely to sell for and start to sell and bring ABM down to a give away SP.GL and I hope I am wrong.
INVU will be a profitable holding as a private company but I do worry about the possibility that Directors will sell the assets of INVU cheaply but in effect to themselves as seems to have been the case with the likes of FUSE8.GL.
Pyrotech Please read my earlier comments.I have sold all INVU shares & advise that you do the same because as you point out the Directors will end up owning more than 50% of the shares so it is fairly easy to carry the 75% vote required to delist INVU and the company will not give out much information after delist because they do not have to and after a year or two you will get fed up of no information & no divi or the management will vote to sell the assets to themselves at a very poor price.GL.
We would be mad to vote to delist from aim as we no longer retain control.The last firm that I had delisted was FUSE 8 in Sept 2011 They sold the assets and said FUSE 8 had no value but Fuse 8 is still running with the same directors so I can only guess that the directors sold FUSE 8 to themselves.Also if you are lucky enough to be able to deal in shares in a private company in a matched bargain you will have to pay a broker at a very high rate.In conclusion I have been buying/selling shares for forty years and have never been able to get any cash back from delisted companies.GL