what is a fair priceSince Fortescue holds 20% of the Candente shares and would make a fair purchase offer, then
this purchase offer can be 20% above the usual market price from the outset (this does not mean
the market capitalization), without Fortescue having to pay this 20% more because precisely
because of the co-ownership that 20% goes back to Fortescue. An external competitor would
then have to offer 25% above the market price in order to be able to hold their own against
Fortescue.
The value of a deposit can be calculated.
There may not be a one-size-fits-all formula, but there are metrics and recent takeover examples
that provide guidance.
I didn't mean a 25% premium over the stock price, that would be ridiculous and absurd.