RE:RE:For those who have bandied about % premiums in a buyout....There are 140 million non-RIO shares outstanding. $1 billion USD would equate to about $7 USD. So if Paul was insinuating that as a worst case scenario, we are already past the Sooner target.
At 2.5 billion (2 billion USD?) that puts a buyout per share at about $14 USD. So, you think splitting the middle at $10 is most logical? Could very well happen.
At any rate, I know that the base is above $6 (we're not going to vote yes on the worst case scenario, won't happen, no way). Double digits is where the big boys (time to put your big boy pants on everyone!!) will be playing. Sub $7 is for penny flippers who are in the wrong type of investment here if that is their play.