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Bullboard - Stock Discussion Forum Teuton Resources Corp V.TUO

Alternate Symbol(s):  TEUTF

Teuton Resources Corp. is a Canada-based exploration-stage company. The Company is engaged in the business of acquiring, exploring, and dealing in mineral properties in the province of British Columbia, Canada. The Company owns interests in more than thirty properties in the prolific Golden Triangle area of northwestern British Columbia. Its property portfolio includes Treaty Creek Property... see more

TSXV:TUO - Post Discussion

Teuton Resources Corp > Is the current share price anticipating the Tuo spin out?
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Post by highper on Apr 08, 2024 4:43pm

Is the current share price anticipating the Tuo spin out?

I suspect some part of the recent Teuton share price surge is connected to the pending spin out of the Luxor area properties. How big that dividend will be will be determined by the market's evaluation of the new spinco's value... Once the announcement is made, however, it might well become harder to jump on the divdend banwagon and accumlate teuton shares in the short window of opportunity between the announcement of the spinco and the record date for the dividend provided the shareholders approve the spin out of course...
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