GREY:VMSTF - Post by User
Comment by
yoda2on Feb 25, 2015 5:45pm
95 Views
Post# 23465525
RE:RE:RE:RE:the no news news release
RE:RE:RE:RE:the no news news release No No -- I agree the other-than Reed ventures are valuable, in fact quite valuable.
As shareholders of VMS we are not getting all that value.
If there were two companies the total assets would be the same as at present but there would be separate buyers for the company with the other-than Reed ventures and separate buyers for the company with Reed. Because the new buyers would choose which of the two companies to invest in based on their interests and attitudes to risk we would receive full value for the two categories. The sum of the share prices for the two companies would be greater than the present price of VMS shares.
As it is now, new investors who wish to buy into Reed demand a discount on the value of the other-than Reed assets and new investors who wish to buy into the other-than Reed assets demand a discount for the Reed assets.
Also there is a greater chance of HBM buying our 30% interest in Reed if they did not have to also buy the other-than Reed assets.