RE:Beauce Gold Spinoffmhlm17 wrote: Question for the more knowledgeable HPQ investors: How exactly would the Beauce Gold Spinoff rollout? I've never owned any shares in this type of scenario, and not sure how that would affect/impact the stock price and/or the amount of shares owned... Any thoughts/expertize shared would be appreciated! mhlm
In theory, the market decides on how this will affect the share price, it may have no effect at all on HPQ share price.
At a guess, the evaluation of Beauce will probably be in the range of about $2.5 million so it would not be expected to reduce the SP by more than about $0.01 to $0.02 at the worst.
At least 80% of this should be recovered if you hold shares since you will receive a share in Beauce Gold Fields directly proportional to 80% of the shares you hold in HPQ (20% will be retained by HPQ and 80% will be distributed among HPQ shareholders).
It seem likely that we will come out ahead in this deal since there is bound to be good news after the spinout that will probably result in more demand for shares which will probably be around 10 cents / share or so initially.
All my honest opinion.
KD