GREY:VMSTF - Post by User
Comment by
yoda2on Nov 03, 2015 1:14pm
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Post# 24254110
RE:Strategic option?
RE:Strategic option?I would prefer an option where vms isssued its shares in nan as a dividend to VMS shareholders. then each VMS shareholder could sell or retain its received shares in NAN and/or sell or retain their existing shares in VMS .
In this way the NAN shares would remain in the hands of those shareholders who preferred the risk profile of Nan and the VMS shares would remain in the hands of those shareholders who preferred the slow but secure Reed based growth of VMS.
Matching the shares of NAN and of VMS with the risk interests of each shareholder category would increase the value of the two added together over the value of the present combined VMS/NAN investment contained in the VMS share.
In other words VMS sells at a discount because some prospective investors in VMS avoid it because they do not like NAN and some avoid it because they do not like Reed.
reed and NAn together are interesting but they do not match the interests of one share holder group and thus attract a lower price than warranted by the sum of the two.