RE: What could go wrong from here?11 Jun 2025 22:22
Depends on the Terms of the Buyout, if its Cash, Stock or a mixture of both but Shareholders receive shares of the acquiring company, potentially at a different ratio than the original shares.Β I'd surmise this board would prefer a Cash offer, as certainly Rio Tinto Et Al dont want to add i whole new shaebase which will likely decrease their stock in the short to medium term. We would all clearly need to Vote so its not out of our hands but the target company's stock price tends to rise before the deal closes, as shareholders are incentivized to approve it.
Shaun has been open to the idea but would prefer to put this in a bracket that makes a dint in the Industry, the rhethoric from the man doesn't strike me as someone looking to just end his legacy on, I found a discovery of Epic proportions and I sold it for peanuts, and everyone got shafted. I'd like to think I have a good read on people, so ive seen enough to knows it won't be the case.
Or, we could go on a long journey but to Real Riches alone, just depends if he has it in him.
What value do you price the company?