Wild projections... Shire: a company on a roll. SHPGY:NASDAQ
$4.3 billion revenue 2011…net rev. $865 million…
Approx. $100/share… averaging almost 500,000 shares/day…12 month target price: $116/sh….
Earnings growth 16.2% vs. industry at 8.3%
187 million shares issued
Analyst recommendations: strong buy
Shire could offer $10/share for a rounded off 40 million BTI shares by issuing a mere 4 million shares;
6 million shares for $15/share;
or even issue a mere 8 million shares for a $20/share offer to BTI shareholders.