Kubera Cross Border Fund’s liquidation offers more than 30% upside

This is a special situation investment where the Kubera Cross Border Fund is in the process of selling their latest assets and returning proceeds to shareholders. I estimate the net proceeds per share, if all goes well, at 39ct USD per share of which I expect ~20ct USD to be returned before year-end. The shares currently trade with a bid/ask of 25ct/31ct. The company trades on the AIM market of the London Stock Exchange. The shares are extremely illiquid.

I submitted a full write-up on http://www.microcapclub.com to apply for membership, hence I am not sharing further details here.

KUBC1

http://www.londonstockexchange.com/exchange/prices-and-markets/stocks/summary/company-summary/KYG522771032MUUSDAIM.html?lang=en

 

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