Interesting calculation I just made. I have not pu
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Posted On: 05/13/2020 11:42:10 AM
Interesting calculation I just made. I have not purchased any shares since the div was paid so this may actually have some validity.
GNBT at current share price X my number of shares plus the NGIO shares at $2.00 per share (minimum for listing) it comes to slightly above my cost per share. So in other words if NGIO was currently $2.00 a share and GNBT still at.47 I’d be slightly above water.
On the other hand, if I average in the NGIO shares at the same current price of GNBT my cost per share is .36. Therefore I’d be up roughly the same as the above.
I guess my point like I said a week ago is that I definitely feel that the current pps figures in the spin out and once NGIO is trading we’re back where we were before the div. Of course there are things that are not considered such as GNBT pps going up as 70% owners of NGIO once they start trading ... but that assumes they start trading.
I don’t know maybe I’m going crazy from the lack of progress if I have time to be doing this crap.
GNBT at current share price X my number of shares plus the NGIO shares at $2.00 per share (minimum for listing) it comes to slightly above my cost per share. So in other words if NGIO was currently $2.00 a share and GNBT still at.47 I’d be slightly above water.
On the other hand, if I average in the NGIO shares at the same current price of GNBT my cost per share is .36. Therefore I’d be up roughly the same as the above.
I guess my point like I said a week ago is that I definitely feel that the current pps figures in the spin out and once NGIO is trading we’re back where we were before the div. Of course there are things that are not considered such as GNBT pps going up as 70% owners of NGIO once they start trading ... but that assumes they start trading.
I don’t know maybe I’m going crazy from the lack of progress if I have time to be doing this crap.
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