OTCQX:GTBAF - Post by User
Comment by
captainpoobyon Dec 19, 2019 7:52am
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Post# 30471640
RE:RE:There may be a buying opportunity as a result of the NSR
RE:RE:There may be a buying opportunity as a result of the NSR The market will bake it in. It always does. Buying pressure will raise the price before the lock in date and selling afterwards will lower it. If there is some perceived extra value, that will be reflected in the new price.
When the spinco shares are created, they will have to have an initial price assigned, like an IPO. Who assigns that price? Chris Taylor, or GBR, I assume, under advisement from some financial company I guess. If CT says those shares are $8 then they are $8. The market will determine whether that price rises or falls except these shares are not tradable as I understand. What happens then I don’t know. How you can sell them, I don’t know. There has to be some method of selling or buying them. Perhaps there will be some type vesting, where you can only sell them after you held them for some length of time.