TSX:ONR.UN - Post by User
Comment by
Golongagainon Nov 01, 2011 2:29pm
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Post# 19199230
RE: RE: RE: RE: RE: RE: Merry Christmas! those who
RE: RE: RE: RE: RE: RE: Merry Christmas! those whoIF you buy ONR today, you don't get the spin-off. WHEN ONR drops to $3.50 on Friday (spinning off PSN @ $8.50, you'll get the adjusted share count. This only makes sense.
IF you have 1,000 @ $12 , (Cannacord PSN $8.50 + NEW ONR $3.50) you should get 3,228 shares at the adjusted cost, $3.50, with PSN removed.
PSN is the NEW entity,shareholders of record (Oct. 31 ) get .
Can't cry about NOT getting in. Lots of lead time on this one.
ONR looks like a good $$$ maker as well , but PSN has the HUGE growth potential.
They put the Poseidon tanks together with C-Clamps! Very low tech system, really. Awesome for quick setup and removal. Simple sight prep, etc.
PSN is like the Blockbuster of Service companies. Keep renting your systems out over and over and over...
Best GOLONG