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RealDutch

05/19/22 3:56 PM

#8089 RE: snow #8086

What seems a bit strange to me if your interpretation is correct is that the preferred shares were not created before and before the other stock dividend t hat was promised a long tima ago now.



Initially the plan was to do the spin-off first. Then settle the plantations (IMO). That's the logical order if parent is leaving altogether.

But the spin-off has taken over a year and so they decided a different strategy. That's where the preferred shares come in. It's still the same settlement IMO. But they will do this one first and the spin-off later.

I haven't told you anything new today. Except that it is pretty obvious that the preferred shares and the settlement (plantations) must be related.