India is going to seize 300 million and that is more than the available cash flow without the Microsoft buy correct? An ex Nokia guy blew the whistle and then came back to India? Wow! That means they had to sell to Microsoft to pay for their fine. Otherwise, if the deal does not go through is it bankruptcy? Is someone seeing more free cash flow then I am? That is an enormous fine. Where is the statements from Nokia's board? There is not one word from Nokia except we our sending someone to work on this. 300 million. That is nothing if Microsoft buys them but it is almost half gone of one of those billions already. Nokia's insider blew the whistle so they are going to have to pay for sure. When is the Microsoft Deal? When is the India deadline? Can Nokia spend money now or are their assets frozen?
sry basher but you're so far wrong its not even funny, nok has 10B cash even before msft deal, with have 20B after. Indian is committing economic suicide by going back on their tax treaties with nokia and finland, they're going after all the multinationals to get the quick buck for their deficit...but I expect you an kiss india's next 20 years of development goodbye. Indian high court already 'unfroze' nok's bank accounts so this news is worse than old, its not even relevant
You use some of your cash to go purchase a brain. Why the hell would the Indians block a deal that would guarantee the liquidity of Nokia and ensure there is cash to pay the claimed fine, if found to be legitimate? You are an idiot or pretending to be one.
Sentiment: Strong Buy