CCUR-SELL @ $6.30–90% gain

CCUR entered an agreement to sell its remaining operating business today for $29 million. After the transaction the company will have about $67 million on cash (Just over $7 a share and no operating business. Time to leave on this. Adding all the dividends $2.40 per share) received over the years to our  sales proceeds we have a 90% return on our original cost of $4.58 a share.

Advertisement

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s