Great Bear Resources Ltd. GTBDF

RE:Share price

[Goaweigh]

That is a very good point too, but I suspect the theory is that the 2% is easily lost in the confusion/euphoria of a takeover and so splitting it out at least focuses the market a bit more acutely to what's going on. Adds a bit of leverage maybe and certainly doesn't cost us much for the trying !

captainpooby1 wrote: It would, necessarily, devalue the share price of GBR. Any takeover bid would have to take into account the cost of the royalty. 

In theory, it should be a wash for shareholders since we would own shares in the royalty company, pro rata. In practice, I think once it’s priced in, be a net gain. I think that explains the drop in price.