GREY:GLBCF - Post by User
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DRYOASISon Jun 24, 2015 6:58pm
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Post# 23865683
RE:RE:RE:RE:Real Volume 850,000
RE:RE:RE:RE:Real Volume 850,000Here's my take on this. GCO has a market cap of 3 mil with 100 mil shares outstanding. We know the company will be split to form another company therefore, the value will also be split. GCO and GEM both could be priced at a penny. If I wanted to increase my position in GCO and not GEM, I could sell now at 3 cents, wait for the split and get back in doubling or tripling my shares. Now, we small fish can only speculate what the SP for both companies will be after the split and we don't have a clue what's happening with Karakul, but I bet you someone in BC knows what's going on.