Quote:
Originally Posted by DaFonz
It might make some money, but not as much as you expect. The max cash consideration is 2.4 bn. Lundins market cap is 4 bn so the rest is going to be made up of equinox shares which is 1.3x their price.. assuming that the prices hold, that's $6.5. So assuming you get a prorated share of the cash consideration and the value of equinox, your take home is close to the share price of lundin.
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I'm hoping a giant comes in with a better offer than the equinox bid.