Hi Michael, any thoughts about today's note from Pelham Investments about Nickel 28? They seem to be claiming that management paid themselves about $22M in 2022, am I reading that right? That would be 25% of the entire market cap of Nickel 28.
I have a good sized holding, about 2/3 in a margin account. My cost basis is under $9, should I sell it prior to the spin off?
Im concerned that it converts my Capital Gain into a dividend. I was burnt on the Home Cap takeover where it was mostly paid out as a div giving me a cap loss, and also on Summit REIT where the take over was paid out as interest. Read the Prospectus folks and if any doubt, sell it..
Logan is about to debut, what's your opinion of the value of the assets and the Co today?
Hello Michael, Spartan trading halted today: do you have any information what is going on?
Hi Michael, any thoughts about today's note from Pelham Investments about Nickel 28? They seem to be claiming that management paid themselves about $22M in 2022, am I reading that right? That would be 25% of the entire market cap of Nickel 28.
I have a good sized holding, about 2/3 in a margin account. My cost basis is under $9, should I sell it prior to the spin off?
Im concerned that it converts my Capital Gain into a dividend. I was burnt on the Home Cap takeover where it was mostly paid out as a div giving me a cap loss, and also on Summit REIT where the take over was paid out as interest. Read the Prospectus folks and if any doubt, sell it..
Question: When do you have to hold SDE shares in order to get the $9.50/share special dividend?
Read through the release, and I believe as long as the deal goes through after passing through the regulators, seems worth the risk?
I'd discount the dividend with tax personally, which is about @2.38in tax, so current price is about more or less fully valued.