Post by
sunshine7 on Mar 13, 2019 12:48pm
Increasing the float...
"Brookfield is a supportive shareholder of the company; there is recognition that an increased float may be beneficial"... So how will they increase the float? Sell some of their stake? We know that any dilution is not necessary given the low debt and high cash flow.
Comment by
Goldbug52 on Mar 13, 2019 1:51pm
How about a 2 for 1, 3 for 1, etc split.
Comment by
sunshine7 on Mar 13, 2019 2:08pm
share split may help but I doubt it since Brookfield will still own $92% of the company. That is the largest issue on liquidity. Maybe they float 41% and keep control?
Comment by
diabase1 on Mar 13, 2019 3:06pm
Those were my thoughts too Sunshine. To dump 50%, what's in it for Brookfield? Also, any thoughts on the SP if it happened today??