OTCPK:ICPVF - Post by User
Post by
marketsenseon Jul 18, 2021 4:54pm
294 Views
Post# 33567203
Disagree
DisagreeWith the post from Darb who thinks the "watering down" of of HPC's value is offset by a
stronger company in PPL and a 175% increase in dividend.
Look, the dividend is just a carrot. Its bait to entice IPL holders into the net but it in no way
offsets the loss in equity value that HPC should have on a sale. HPC is almost complete
which means capex expenses will be rapidly diminishing. They are too near the finshing line
to not get a better valuation IMO. Yes its a crown jewel but being sold like a rough gemstone.
Who doesn't want a higher dividend but not at the expense of losing more money by a lower
equity valuation. Here's a nickel for your $1 and another .50 in shares. It doesn't equate in
my accounting.