Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Bullboard - Stock Discussion Forum IBI Group Inc T.IBG.DB.E

IBI Group Inc. is a global design and technology company. The Company offers a range of services, including architectural controls, architecture, bridge engineering, civil engineering, construction management, data analytics, design technology, development engineering, economics/financial analysis, electrical engineering, energy solutions, engineering, environmental assessment, geomatics/land... see more

TSX:IBG.DB.E - Post Discussion

IBI Group Inc > from August 8, 2020 earnings transcript
View:
Post by Possibleidiot01 on Sep 05, 2022 8:01am

from August 8, 2020 earnings transcript

Sometimes, , a person makes a lucky guess at  a valuation ; in the end they did achieve that $600 million and they kept that percentage..

Unidentified Analyst

Okay. This is maybe an unfair question, and I'll acknowledge to that ahead of time. But no way it -- wouldn't it personally make more sense to own 20% of say $600 million market cap company or then 36% of $160 million company

Scott Stewart

So, I guess the question I'd ask back Dave is, what would be the strategy to get to a $600 million market capital? And what sort of -- lead you to think that we would be able to get there by changing the shares structure?

Scott Stewart

Liquidity.

Unidentified Analyst

Okay. Just by making more shares, more available with the ongoing good results that might drive the stock price up.

Scott Stewart

I'd like -- the partnership is not anticipating those. GMP [ph] does not have an expectation of having 36% of the public company forever. There is a plan that the partnership has in place, it is time to some respect to the departments of the shares, and is that net performance was achieved; one might anticipate that there would be an improvement in liquidity.

Unidentified Analyst

Okay. Okay, I want to thank you for answering these questions.

Scott Stewart

My pleasure. Thanks, Dave.

Be the first to comment on this post
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities