Q: Hello 5i Team,
I'm wondering your thoughts on ERE's latest moves and special distribution?
Thank you,
Brent
I'm wondering your thoughts on ERE's latest moves and special distribution?
Thank you,
Brent
5i Research Answer:
Please also see this recent answer. The remaining company will be quite small and not particularly cheap. With the stock up 50% YTD, the easy money has probably been made here, and we would prefer owning a larger entity in the space post special distribution.