july 1 was up
Can you say buy out dead...
I'm retiring. We might get purchased. I'm staying. Nope no suitor will pay 70 billion. I'm retiring.
How do you calculate that price?
5.3 Billion dollar company, 640 million shares out standing. 4.5 times revenue? That comes out at $37.26 a share.
This would assume they had a profit. Trading at maybe 25 to 30 PE. But they don't have a profit. They lose 260 million a year. Might be more this year.