Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Datametrex AI Ltd V.DM

Alternate Symbol(s):  DTMXF

Datametrex AI Limited is a technology-focused company with exposure to artificial intelligence, healthcare, and mobile gaming. It is focused on collecting, analyzing and presenting structured and unstructured data using machine learning and artificial intelligence. The Company's products include AnalyticsGPT, Cyber Security, and Healthcare. AnalyticsGPT platform scans vast data streams from social media, news, blogs, forums, messengers, enterprise data, and the dark Web, creating predictive analytics. Cyber Security is a deep analytics platform that captures, structures, and visualizes vast amounts of unstructured social media data, which is used as a discovery tool that allows organizations to make decisions. It offers Nexa Products, which consists of NexaSecurity and NexaSMART. Healthcare consists of Imagine Health Centres, a multidisciplinary healthcare facility, and Medi-Call, a telehealth platform. The Company also offers a mobile blockchain game, Cereal Crunch.


TSXV:DM - Post by User

Comment by Venatoron Sep 09, 2023 5:24pm
225 Views
Post# 35627915

RE:RE:RE:RE:Spinoff

RE:RE:RE:RE:Spinoff

Had two spins offs in my portfolio in the past couple years. 


example of how it could work:

DM retains 20% equity in new entity. 

the remaining 80% is distributed according to ownership of DM shares (sometimes minus cost of listings or certain cash reserves or supports to the new company... listing fees and such) 

they choose a ratio that fits best to listing. 1 share for every 100 , 10 for every 100 , it does not really matter. Market cap will determine the value of each share afterwards and upon opening the market will determine where the market cap will readjust. Generally you don't want it under .05 as it just sets you up for a reverse split if they need funds to expand.  Maybe they want the share price to land at .30 cents. So they will move the ratio accordingly for let's say a Market cap of 5 million. 


The value of DM shares at that point should theoretically drop by the amount of Market Cap removed. 


do your own DD. I am not a professional. Just trying to give an example in a rather rudimentary explanation. 


 


 

<< Previous
Bullboard Posts
Next >>