RE:RE:RE:RE:RE:RE:The Goodwill Ran OutThat's not correct.
According to IFRS, the value is crystalized on the acquisition date according to the value of the consideration transferred, regardless of whether consideration was in stock or cash.
On your other points (not included in the quote below), the test for the writedown of goodwill is whether the "value in use" of the asset exceeds its carrying value, where "value in use" is based on expected future cash flows from the asset. The value of stock doesn't have any bearing on the calculation.
Capharnaum wrote:
That said, if the purchase was done with $ instead of stock, then it cristallizes the value for the acquirer. So, in general, acquisitions should be done with shares when the acquirer's valuation metrics are high, and vice versa.