RE:RE:RE:split gcm into share holding company and segoviaif another company wants to buy out aris, there would be a bigger incentive to buy out the holding company if they can get more shares of aris by buying the undervalued holding company.
and if goldx is sold before aris, that cash can give out a bigger dividend for the holding company than just aris shares itself, making it less likely to be undervalued.
invest234 wrote: it would be many years or even never before another company wants to take over aris, the biggest holding of that holding company. during those many years people would have plenty of time to sell if they choose to.
your same argument applies with those shares held inside gcm. if those shares are sold, they can just as easily use the cash to buy an explore company inside of gcm. in fact, there is a
higher chance the cash from those shares sold would be used to buy another explore company (or project) if it is
inside gcm than if those shares are in a separate holding company that only holds shares and is not used to develop projects.
a share holding company is not any worse than having the shares inside gcm. we already know the shares held inside gcm is not being fairly valued, so putting those shares in a share holding company can't be any worse than what we have now. the advantage is that the market can more easily value the shares, otherwise the undervaluation of those shares would be more glaringly obvious when not mixed with segovia.
if the holding company turns out to be undervalued too, then the people who like aris would buy the holding company if they can get more shares of aris that way. it would be like an arbitrage keeping the holding company price up.
menoalittle wrote: no, doesn't sound anything at all like a good idea. what do you suppose the new company would do with the money if or when one of the investments is cashed out from a sale (or takeover) of one of the investments? too much chance they'd "reinvest" it in some dumb explo company elsewhere rather than distribute it to shareholders. so, pray tell... how many would be looking for an exit from it when any sort of "additional value" is acheived with it?