Replies to post #995 on Texas Pacific Land Corporation (TPL)

[couldbebetter]

Management has proved they could care less about shareholders. I hope
the shareholders will have a chance to dump them. I'd even enjoy seeing
TPL acquired just to get rid of management. Their lack of interest in
(at least the small) shareholders shows contempt for them. That is
indeed the wrong attitude to have. Actually, I guess they have shown
contempt for some of the larger shareholders as well.

Should TPL become a C-corp, I hope they will have options trade on the
stock...that way one could sell call options on price spikes on what
is one (or was one) of the safest stocks one could ever own.

Maybe some attorney will go after the 2 incumbent trustees to try to
force their removal. The way they have wasted shareholder money
should count as breach of fiduciary responsibility. I wonder if
any of the more substantial shareholders will consider such action.
Management should have figured out long ago that if they p*SS off
the wrong shareholder(s) there will be hell to pay.

[Aitkenresearch]

Is there a name yet for the IR? There’s a poker tell right there if one was hired.
As a poker player myself, I think all of this is going to come out at once and then it all becomes clear.
When an entity has an asset base/business that is growing and throwing free cash flow, then it becomes the ability to allocate IRR of that cash. Ie Brka and it’s insurance business. Lots of ways to turn.
Why not have it be a public, private equity inflation hedge model?
Land, metals, real estate, timber, oil & gas royalty public and private.
When the 10-1 split happens it will go right to 100 or 1000, and then when the funds, etfs, and div plus options avail. and investors get in it goes to 200.00 and then ultimately back to 1000 for a 50 billion valuation.
I have no inside knowledge, just the past 3 1/2 years and what my instincts are screaming out to me.