Those are not my words, those are yours. I stated VOD should be fighting to break $40 vs fighting to break $30. Being in the high $30s vs actually in the $40s is a difference. However, do believe VOD is worth $42-$45 and if you want to add a full buyout premium, $50 sounds real nice. ;-)
"Being in the high $30s vs actually in the $40s is a difference."
Hey Smalls, cart before the horse - we need to get over the $20's before debating $30's versus $40's!
VOD "would seriously consider any offer for its stake in its U.S. joint venture Verizon Wireless, but that there was nothing new to announce on Tuesday."
It does not appear that anything material is going on behind the scenes at this time. From the above, I presume VZ has yet to make "any offer" to VOD for VZW. The deal chatter is consistent with an informal public negotiation or maybe just investment bankers trying to get a deal done to earn big fees. When the stock drifts over $30 towards it recent highs I'll get a bit more optimistic that something is really brewing. BKB