GREY:HRIVF - Post by User
Comment by
discern1on Jan 16, 2012 10:01am
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Post# 19407257
RE: RE: RE: Nord Gold will be public this week
RE: RE: RE: Nord Gold will be public this week We know that 10.8% of Nordgold will now be owned by minority shareholders. The rest of the shares will be owned by Mordashov. I believe he currently owns 82% of Severstal.
Nordgold would only be accepted on the London Stock Exchange if there was a minority ownership greater than 5%.
Does this mean that we (HRG) will see any increase in prices? I imagine at some point, but I also expected that there would be a bump in the sp as Nordgold went public.
I'm pretty frustrated because there aren't many future events that minority shareholders can look forward to that could potential increase sp.