Post by
teevee on Jan 01, 2013 12:14pm
January should be interesting.....
I heard BNN markets commentator, Andrew McCreath, comment that the CLT spinco "Kelt" will likely open above $5/share. Kelt's share cap will be about 70 million shares and their principle asset is 40% of Inga. Considering that RTK owns 60% of Inga with a share cap of about 55 million shares, either Andrew McCreath is wrong about "Kelt" or RTK's share price should move up dramatically.