Replies to post #64789 on Houston Natural Resources Corp (HNRC)

[nsomniyak]

Your logic is flawed. The prospective spinoff assets are already included in HNRC’s price. Today the market is saying those assets are worthy 9 cents per share MORE if carved out into a separate entity than if bundled into HNRC.

Either way they aren’t likely to be worth anything near 5 dollars per WDHI share or $1.75 per HNRC share.