RE:RE:RE:RE:RE:Great ValueThat's why I had conservative and bullish number
Again...
$40 - share price in March 2015 (before buyouts) - Puts Concordia at $2 BLN USD cap
Company spent $4.7 BLN to buy other businesses
Currently it's worth $450 mln (stock) + $150 mln (cash); 3.2 BLN debt
Let's say 4.7 BLN had premium - 20%; but don't forget company written off already 550MLN from the acquisitions 3.76 BLN (20% off) = 3.76 - 550mln = $3.26
Exactly our current DEBT
Except in March 2015, stock value was 2 BLN
So we are undervalued 2BLN - 450mln = 1.55 BLN;
Leads to $45 a share with (20% off and 550 mln write-off)