TSXV:BTI.H - Post by User
Post by
Sinbobon Mar 18, 2012 11:45am
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Post# 19686721
Thought bubbles
Thought bubbles Roche trades around $160/share, Abbott $50, Sanofi $38...as examples. For Roche to offer a share swap to BTI shareholders, it would be peanuts for them to issue say, 5 to 10 to 20 million shares. 5 million would be equivalent to about $20 for each BTI share, 10 million about $45, and 20 million about $90...for each BTI share.
Seems to me Roche could walk away laughing at a share swap of 5 million shares. Risky is right...think big.
Anecdotally, I once bought 20,000 shares of a stock in 1995 for $1/share...that was worth $32/share the following July on a buy out by Barrick gold. These things do happen.