RE: Share allocation updates22 Jan 2019 11:03
Hi there, Quint!
Firstly, can I thank you for all the information that you have so generously shared with everybody on this board over the last few weeks! It's been incredibly useful! Like you, I'm a great believer in doing all the donkey work before I make an investment decision - even if it takes me weeks! - because, as you say, all the information is out there, if you can be bothered to look for it!
I was wondering if you could answer a question for me. I have exposure to SalvaRx (SALV) via Pires (PIRI), but I was thinking about getting more SalvaRx shares, as well. In your most recent post, you said "We all know that they would delist in 6 months if no RTO took place but a) we’d get a payout from the Portage shares they hold in that case and b) it won't happen as those involved certainly have targets in mind already."
By "they", I assume you mean SalvaRx. (Am I correct about that?). My question is this: If I buy more SalvaRx shares now, would I lose my entire investment, if SalvaRx delist in 6 months, if no RTO takes place - or, would I also "get a payout from the Portage shares they hold"? I hope that question is clear enough! Please, feel free to ask me any questions, if you need to.
Many thanks in advance,
ielts23