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 Teck Resources Ord Shs Class A T.TECK.A

Alternate Symbol(s):  TECK | TCKRF | T.TECK.B

Teck Resources Limited is a Canada-based mining company that operates in copper, zinc, steelmaking coal and energy segment. The Company’s operations and projects include Antamina, Cardinal River, Carmen de Andacollo, Elkview, Fording River, Fording River Extension, Fort Hills, Galore Creek Project, Greenhills, Highland Valley Copper, HVC 2040, Line Creek, NewRange Copper Nickel, NuevaUnion... see more

TSX:TECK.A - Post Discussion

Teck Resources Ord Shs Class A > Share price and dividing up the 'Pie'
View:
Post by 4CommonSense on May 09, 2023 11:54am

Share price and dividing up the 'Pie'

Say final  price is say  $28B  -- Keevil will be  get a minimum of $8-10 billion  and the remaining $18 -$20B B goes to the 506 million B's  -- regardless of any restructuring etc. -- may seem too simple but you have to be realistic 

Teck.B per share $35/s  -- no matter how you cut Keevil will not give up control A's ===> B's or end up worse off than the currwent price etc with < ( A's 7.77 M*$98/s)  in other words has to be a significant dilution -- is there a better way to  see this situation - what situation would the B' price be $60/+/s ?

Crazy mess!!!
Comment by 4CommonSense on May 09, 2023 3:06pm
Perhaps -- if its legal-- or allowable under exchange ules  - Glencore could offer the Teck.b holders Glencore shares @ say $65/s  --then deal with the A's  separately?  the ultimate cost to Glencore woulb be $xxxx-- ????     
Comment by 4CommonSense on May 09, 2023 3:06pm
Perhaps -- if its legal-- or allowable under exchange ules@ - Glencore could offer the Teck.b holders Glencore shares @ say $65/s@ --then deal with the A@s@ separately?@ the ultimate cost to Glencore woulb be $xxxx-- ????
Comment by 4CommonSense on May 10, 2023 3:11pm
Thyere has to be a dilutionresulting from this chaos -- either in the form of TECK.B's or Glencore Common shares dropping in price 
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