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Re: Showmez999 post# 62826

Thursday, 04/11/2024 6:24:40 PM

Thursday, April 11, 2024 6:24:40 PM

Post# of 62874
No, they won't. Why would the spinoff stock be valued at more than 1000 times more than when COWI owned 100% of the spinoff company?

When COWI owned 100% of it COWI's total market cap was $2-4 million total. But now you claim a small fraction of the spinoff held by COWI will be worth $25+ million, which would value the entire spinoff at hundreds of millions of dollars?

No, it won't. That is not how the market works. That is just plain ridiculous.
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