Friday, March 16, 2018 6:57:05 PM
I remember how Dow offered up Olin..Trade your Dow shares for as many Olin as you wanted for $18-$19..
Thinking they’ll apply same process to DWDP, but..instead, they are breaking it up, in pieces, over time..Could go a number of ways..
One way, is declare the 1st split, Dow, same way.., but if DWDP is at $65, and they declare a price of Dow at $45 to shareholders...That’s far different than if DWDP is at $85ish; same thing if Dupont follows suit with DD & Ag.. Arguably, DP could price itself at $45...and Ag. $35... Shareholder doesn’t come out so well, in those scenarios. Fact is he is sucking hind something...Price of DWDP winds up at $125, but the current shareholders pay for it the whole way...Since they originally owned it at today’s price $68.
Could be why price is down.. Smarter heads see it?
Just pondering..
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