There are roughly 540m shares issued as with any company the more shares you own the larger the % of the company you own which will be exactly the same after the split, you are not being diluted.
The analysts say the split should enhance company values and the Reed boys being some of the largest shareholders are unlikely to do this if it were to reduce value.
The split allows investors to buy into a lithium play clear from the rest and vice versa, also it allows for the sale of one entity clean from the other, a share sale you can offset against losses rather than a divi payment from proceeds which attracts a higher tax and is less attractive.
Should one entity be sold then heaven holders can exit clean without becoming and iceberg seller drip feeding shares onto the market in order to get out which impacts the share price.
The value of Barrambie is barely recognised in today’s NMT share price, the split will I feel change this for the better and with the DSO partner possibly chosen around the same time as the split then this entity should soon have its own cash flow increasing its value, and both the lithium share and new co share should be profit making and attractive to hold in there own right, divi should flow from each given time.
I cannot see downside in share split so it gets my vote, we should end up owning not one but two high value companies both of which have substantial upside, and both of which may be attractive to a larger company wishing to acquire outright, Loop.
- Forums
- ASX - By Stock
- NMT
- NMT - demerge
NMT - demerge, page-2
-
- There are more pages in this discussion • 18 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add NMT (ASX) to my watchlist
(20min delay)
|
|||||
Last
8.9¢ |
Change
-0.005(5.32%) |
Mkt cap ! $68.47M |
Open | High | Low | Value | Volume |
9.2¢ | 9.2¢ | 8.9¢ | $138.0K | 1.534M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 354581 | 8.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
9.1¢ | 100000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 354581 | 0.089 |
6 | 341381 | 0.088 |
3 | 221482 | 0.087 |
2 | 103000 | 0.086 |
12 | 264575 | 0.085 |
Price($) | Vol. | No. |
---|---|---|
0.091 | 100000 | 1 |
0.093 | 57000 | 1 |
0.094 | 315000 | 3 |
0.095 | 173629 | 1 |
0.096 | 210514 | 2 |
Last trade - 16.10pm 13/11/2024 (20 minute delay) ? |
Featured News
NMT (ASX) Chart |
The Watchlist
NUZ
NEURIZON THERAPEUTICS LIMITED
Michael Thurn, CEO & MD
Michael Thurn
CEO & MD
SPONSORED BY The Market Online