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Nokia Corporation Message Board

general421 2 posts  |  Last Activity: Dec 18, 2014 1:38 PM Member since: Mar 1, 2008
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  • general421 by general421 Dec 18, 2014 1:38 PM Flag

    It really looked to me like 7 was gonna be the bottom there to me but I didnt have funds available to add shares. Really dissapointed. This is still a good spot to add, just a little less upside though.

  • Reply to

    VALE base metals value $87.5B?

    by mikemakeavoice Dec 6, 2014 12:49 PM
    general421 general421 Dec 8, 2014 5:20 PM Flag

    No offense bud, but your math is just...wrong. They are saying some analysts value the base metals at 28-35 billion. You then for some reason divided 35 Billion by 0.4 to represent 40% and got 87.5 Billion. You should have MULTIPLIED 35 Billion by 0.4 to get 40% of 35 Billion, which comes to 14 Billion. 14 Billion is at the high end of both the spinoff percentage and the estimated value of the division, so they probably will not raise quite that much capital.

NOK
7.83-0.23(-2.85%)Mar 6 4:04 PMEST

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