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MMAC - MMA Capital Holdings: The Perils Of Investing In Small Caps
May, 31 2021 05:19 AM
MMA Capital Holdings Inc.
MMAC was acquired by Fundamental Advisors for an all-cash consideration. The acquisition price was still well below its book value. My thesis did not quite work out as I initially expected. Nonetheless a tidy profit has been made. There is still an opportunity for an event-driven arbitrage play with a greater than 10% annualised return. For further details see:
MMA Capital Holdings: The Perils Of Investing In Small Caps
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