I agree, I don't like the spin off model, for that exact reason. Benefits can be hidden and diluted. Look at what happened with Phoremost. They got a lot of IP and we got Jack... That's not to say you don't ring fence risk through multiple entities, etc... that's just basic risk management...but spin-off's can be very bad for LT shareholders. As always, the devil is in the detail...which was not provided. That and the lack of $'s as part of the deal doesn't excite me as a shareholder. I like it, but it a ways off yet before there is a benefit. What did the market think of it?
PYC Price at posting:
4.5¢ Sentiment: Hold Disclosure: Held
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