RE:RE:RE:RE:RE:RE:60 minutes - wind farmsJethro980 wrote: Re TPR. Good question as this is the longest I've ever seen a spin out not pricing????? I just hope price starts at the giveaway price on that inside deal. .02 would be perfect in my view allowing us outsiders to grab some cheap like those insiders.
Hey, I'm hoping it opens at .02 as well! However, that would depend on a significant number of people just duming shares for little or no value.
For example, a holder of 5,000 shares of SALT at the record date would be entitled to 1,355 TPR shares. If they sold them for .02, they'd get $27. Some may do it if they say absolutely nil value in TPR. However, for my money, I'd just wait to see where it goes in the long-term for that amount of payback.