Re: Drilling soon
in response to
by
posted on
Jul 13, 2011 09:57AM
Keep in mind, the opinions on this site are for the most part speculation and are not necessarily the opinions of the company WITHOUT PREJUDICE
Another thing to consider is how many shares are held by investors in the US or other tax jurisdictions. Their tax rates on dividends would probably be a lot higher than than if they had a straight capital gain. Since SLI management have been promoting the company world wide, that would have an impact on how the sell out would be effected.
I think the best would be to roll all the other properties into a spin off company and sell SLI for a capital gain. Just my opinion.
Ismore