RE:RE:Many questions.....very few answers.Mrmomo clearly spews more words than anybody else on this board, but more knowledge is highly doubtful.
Simonette was never part of Velvet. That's the old Cequence assets Spartan bought out of bankruptcy. And "luck" probably wasn't in the calculus in keeping those assets with Logan.
Why did Mgmt do this, that or the other is irrelevant. A million things could have happened and only one thing did. A bunch of words questioning everything doesn't help anybody. Feel free to waste your time questioning everything, none of which you ever had any control over anyways.
The task now is to play the hand that has been dealt.
What is RemainCo worth? How about Logan? Do you like Kelt? Maybe you like Logan's Flatrock assets. Birchcliff? How about Logan's Pouce Coupe assets next door? Simonette? Look into Cequence and see how little has been spent there over the last five years developing those assets.
That's a lot of words. I'm turning in Mrmomo 2.0!