Hi I am relatively new to the stock market but have some shares in a power company that is going to split into two separate companies with share owners getting shares in both. Historically is this good or bad for the share price?
>>1325391
One company might be better than the other after the split. determine what one you want (debt free vs debt) (Income) (market cap) all that shit when picking a stock in the first place will come to light again when you get stock of both companies.
AA is doing this same thing right now, its about to split into two companies
what power company are you talking about that is about to do this split?
>>1325406
A New Zealand company Trustpower, NZE: TPW. The split is not finalized yet but is going to vote soon, just trying to plan my next move.
50/50 no one knows.
