RE:RE:RE:RE:Only reasonable decision was to sell Magino Goldens,
I agree that Spinco seems low. Based on my math below is what I beleive the market is currently valuing Spinco at in USD. I use my share number for the example below.
900000 shares of ARNGF X .0185 =16650 shares of AGI
16650 AGI Shares X 16.82 (current price) = $280,053 USD
900,000 share of ARNGF X .3358 USD = $302,220 USD
ARNGF Current Value $302,220 - $280,053 = $22,167 USD
$22,167 / 900,000 shares of ARNGF = .02463 USD
I believe Spinco is worth more than current market value. I maybe wrong.