Post by
TheGreatKazoo on Sep 25, 2016 11:41pm
A bit harder math: £144+$72M = $187M+$72M= $259M
OK DUM-DUMs!!! Enough ignorance this weekend !
The earn-out using today's conversion rate, assuming non-hedging which they say they did to play Brexit?, is $187M
Add the $72M from the consideration. This is the exact wording of the deal you dum-dums obviously have not read! Surprise!! ??? "Specified third party" Where???
"If the Company acquires certain specified pharmaceutical products from a specified third party introduced to the Company by certain of the Vendors within 12 months of the date of the Acquisition, the Company will pay to the Vendors an additional US$72 million."
Comment by
TSX2016 on Sep 25, 2016 11:48pm
This post has been removed in accordance with Community Policy
Comment by
TheGreatKazoo on Sep 26, 2016 12:18am
FOCUS on the Math! Please! Social Studies is Friday! So we are all happy with $259 due October 1st, payable.....? That will hurt. Can't be good news when you own something and you don't know how much you owe! Wow. And sure, if something positive comes out to turn around this train wreck, I'll go. Your wish is my command.
Comment by
PROtrading on Sep 27, 2016 11:53am
BaZoo! Longs here think the 4 UK drugs didn't trigger the extra $72M. Isn't that funny? Apparently IR told them! Let's see what "surprises" we get next week huh?