RE: ScampTheDogs' Christmas Monologue. (And a very happy Christmas to each and every one of you!)26 Dec 2022 21:56
@ Scampthedog.
Fanciful thinking, but i really do not think think if GLS was to be listed separately, it would be a 50/50 split.
IDS is currently valued at £2 Billion. A value would be attributed to GLS, and this would determine how many shares would be given to each share held.
So, if GLS were to be valued at £500 Million, then for every 3 IDS shares held, 1 GLS share would be granted in the new listed company. IDS shares would fall proportionately. Value and shares in issue.
I could be wrong, but just joining in the conversation.
So, the overriding question is, what value do you or the market, put on GLS?