OTCPK:HBAYF - Post by User
Post by
Bookendson Dec 16, 2019 1:36pm
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Post# 30460008
As investors, let's quantify this
As investors, let's quantify this1-Chances of Baker Upping his bid to 11$?? I would say 60%-70%, say 65% odds...
2-Baker walking away and Catalyst negociating with the special committee to have their 11$ offer become the official plan of arrangement.... Hummm, say 20% odds? Remember that the committee asked for all the financing details and didn't come with any flaw to it other than Baker's group would reject it.
3- Baker walks away and Catalyst also abandon it's bid... The SP would fall to say 6.5$... 15%odds...
So, assuming an entry on the stock at 8.7$
1- You get a 65% chance of getting a 26.43% return... With a slight chance of getting an even better price than 11$.
2- You get a 20% chance of getting a 26.43% return...
3- you get a 15% chance of getting a 25.29% loss...
Well, if casino's offered these kind of odds, I would be playing at them all day long for an actual job.
If anyone disagress with the odds, please let me know and elaborate.
Thanks