In mid November I ran a post on Convera Corporation (NASDAQ:CNVR) (see the CNVR post archive here), which was in the process of liquidating and planning to pay distributions valued in the range of $0.26 to $0.45 per share. The stock was then trading at $0.221. The distributions consisted of three cash payments with a value [...]
Archive for the ‘Convera Corporation (NASDAQ:CNVR)’ Category
Convera Corporation (NASDAQ:CNVR) and the Case of the Disappearing Distribution
Posted in Convera Corporation (NASDAQ:CNVR), Stocks, tagged Convera Corporation (NASDAQ:CNVR), Liquidation on December 21, 2009 | 5 Comments »
Convera Corporation (NASDAQ:CNVR)
Posted in Convera Corporation (NASDAQ:CNVR), Liquidation, Stocks, tagged Convera Corporation (NASDAQ:CNVR), Liquidation, Liquidation Value on November 11, 2009 | 7 Comments »
Convera Corporation (NASDAQ:CNVR) is a liquidation play. The stock closed yesterday at $0.221. The company estimates the value of the distributions to be in the range of $0.37 to $0.45 per share. Approvals According to the 14(c) information statement: The board approved the plan of dissolution on May 29, 2009. The liquidation will not be [...]

