RE:RE:RE:RE:RE:Value of the Triple Point
Jethro980 wrote: 100 percent guess but with low number of shares i expect triple ppoint to come out at around .95 cents
No need to really guess at the moment, if you average out the value of Atlas Salt between now and the declaration date for the spinout shares, 25% of that will be the likely opening value of the spinoff shares as its 1 Triple Point for every 4 Atlas. It's a reasonable guess as opposed to any kind of hard and fast rule, but the market right now is going to price in the value of the spinout shares on top of Atlas Salt itself.
So at 3.20, for example, the market thinks the spinout shares are worth .80 and Atlas Salt alone is worth 2.40