InvestorsHub Logo
Followers 10
Posts 1456
Boards Moderated 0
Alias Born 08/02/2010

Re: viking86 post# 30079

Saturday, 02/16/2013 10:53:34 PM

Saturday, February 16, 2013 10:53:34 PM

Post# of 163719
They create a new company that is spun out. The valuation is based on 100% of the new company, no matter how many shares are put out for the IPO. If they put out 30%, that's what generates cash. But the original SIAF controlled JV still owns 70%. We own 70%m the value of which should be realized in an increased share price of the holding company.

Join the InvestorsHub Community

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.