RE:RE:RE:RE:Hmmmm...🤔🤦🏽♀️😳Canticle wrote: I personally think core value of the asset before Feasibility Study after the spinout is going to range between $2 - $3.5. I would have said $3 to $4 (and have), but given market sentiment right now, I think it's going to be lower until there's some specific news. Given price movement today, I think the Triple Point spinout is going to be somewhere in the .50 - .75 range with Atlas Salt sitting at 2 to 2.25 post spinout to start
Interesting. I'm long on SALT and my long-term investment has been settled for a while. However, I've set the $2 threshold as a random place where I'd be tempted to buy another block of SALT shares, if available. I'll be honest, I never expected to see $2 again but the market these days is saying it's possible.
For a while I was going to try to play the TPR shares after listing. However, I have more than enough spin-out shares coming to make that interesting for me without shelling out $ early on. Now, if TPR sticks around (i.e., not bought out) and starts to trade in the tens of pennies, then that's a different story. I have no idea where TPR is going :)