TSX:ONR.UN - Post by User
Post by
Golongagainon Oct 06, 2011 12:47pm
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Post# 19126104
Re; SPLIT Valuation???
Re; SPLIT Valuation???Any informed thoughts as to the $$$ value of each entity when split occurs?
Is the .882 value based on the closing price of each ONR (old Co) on a specific day.
EXAMPLE - If all goes through with Shareholder vote, holding 100 shares of ONR @ $8, what is the value of new Poseidon shares and the New Co separately? Div. to begin @ $1.08, that is a given.
Appreciate all theories, thoughts, guesses, etc.
GOLONG can't see the downside in this one. Good times.
Best GOLONG