Replies to post #1053 on Morgan Group Holding Co (MGHL)

[Watcher31]

spinoff not an Exchange.

[SittingPretty]

‘distribute to its shareholders on a pro rata basis the 50,000,000 shares of Morgan that Associated Capital owns.’
Pro rata, % shareholders of AC get the 83% held by $AC. All institutional owners which trade ‘burst and basket trades’, daily.

‘As of December 31, 2019 the book value of Morgan is $6,037,342 in the aggregate’
That’s $1.24 pps
‘And $0.10 per share’ accounting coincided with previous disclosures. May be addressed as ‘par’. Many ways to view numerical accounting strategies, especially for tax purposes.
Of course, AIMO.

[stock_observer_77]

Correct

AC shareholders will receive these shares as a dividend I assume. I’m waiting to see if there is an 8k etc.

We also know who has 5MM of these shares bought at closing.

Now to continue to add value to this new company.