WAS 0.00% 0.4¢ wasabi energy limited

will there be spin off from rum?, page-2

  1. 6,757 Posts.
    RUM shares ought to be worth about 0.4 cents per WAS share (including the preference shares) so Friday's gain maybe worth only 0.1cps. Still they have a sniff of high grade mineralization, plenty of cash and some interesting new targets so hopefully interest and results will continue to build.

    If so there will be a great opportunity to give something back to share-holders - maybe an in-specie distribution of RUM shares?
 
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