I have a question for the good people of the STT forum. How much weight can be given to a company’s holdings in another company? For example HMX has about 9.1 million shares in CNB, currently, these have risen to the tune of Approximately $1.4 million in the last month or so. The shares are no longer in escrow and if HMX sold all they owned, is it at this point that the investment becomes an asset reflected in the share price or should the market be factoring in the change as significant increases/decreases happen?
thanks,
. Shakes
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