RE:RE:RE:couple comments on spinoffThey have said nothing about the TRP dividend going down. TRP has very good free capital resources and even more now with dropping interest rates. They could very easily keep the dividend as it has in the past quarters of 2024. I would not assume they do a ratio allocation.
The two are trading above the October 1st close. I will use 1000 shares as an example as it makes it easier. Closed at 65.5 so 1000 shares is 65,500.
Value currently 1000 shares at just over $61 so let's just say 61,000 added to 200 shares of SOBO at $30 or 6,000.00 for a grand total of 67,000.00 combined.
Until we see a quarter of SOBO revnue and a full set of financials I plan on putting a value on my holding in a combined manner. As a few others have said, Spinoffs are normally set up in good situations and often start strong.
Glta