RE: Eldorado15 Nov 2018 16:54
dude, you have flatly missed the point. there would be NO premium at the point of takeover as the SP would be the figure quoted. you are measuring the future SP against today.
Using your thinking, that would mean that in any 2019 takeover the purchaser would say, hold on fellas, the SP last year was 1/3 of this, not we are not paying today's value.