Friday, October 31, 2014 12:21:48 PM
If the first method is used, there will be pressure for a sell-off from people who have been waiting for the dividend before selling their shares. Without other news, people might be tempted to flip their MCIG shares until VCIG starts trading several weeks later.
If the second method is used, people won't be able to sell until their brokers receive their VCIG shares and VCIG trading will probably start at the same time. This will probably put immediate upward pressure on MCIG's pps since they will still own 49% of VCIG.
Of course, PR's whether good or bad, can offset any of these assumptions. This is all JMO.
Les
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