RE: Pow15 Apr 2021 13:24
It does sound like PJ does have the right idea about maintaining shareholder value and not going through successive rounds of fundraising by placing shares, but does anyone here know what the impact of these spin-off IPOs will be on the parent company SP? It seems logical to me that if a portion of POW is spun-off via an IPO then would it not be to the detriment of the parent company? I have read though that shareholders of the parent company are generally given 'assured entitlement' to a stake in subsequent spin-offs but I'm not sure how I feel about having various eggs in various baskets.
For the record, I'm very new to all this so take the above with a pinch of salt, I don't know the ins and outs of how spin-offs work so please if you do, enlighten me!
Agree with all comments before, at the moment POW is my definitely the horse I'm backing for the long/med-term, I think it has a huge amount of potential and BOD's interest seem to be aligned with ours, which seems surprisingly uncommon.