I don't know the timing of the funds being distributed but the Alpha project is a $50 million job and funding has been secured. Whatever Coates's share of that is must be a nice hunk of change, don't you think ? The next hurdle will be getting through the permitting process. And what's the big deal if the share split happens ? Monetarily everyone will still own the same amount. And if it ever happens the main reason will have to be that it will make the stock look more attractive to buyers.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.