TSXV:CART.H - Post by User
Post by
nozzpackon Nov 14, 2022 1:08pm
191 Views
Post# 35097080
IPO using the stub
IPO using the stubThis is a great deal as we get $0.03 per share in cash and the stub will be used to do an IPO with a project that is probably already lined up.
If done well, if the stub can be much more valuable than the cash out value.
I have no idea as to the type of project but it will probably be within the expertise of the majority shareholders ie the oil and gas.
Properly executed....let's say a producing field with signifucant undeveloped land..I see an additional 5-10 cents here if the Stub is monetized correctly..