TSX:TECK.A - Post by User
Post by
4CommonSenseon Jan 11, 2024 5:55pm
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Post# 35822565
When buying high and selling low makes sense? - NOT!
When buying high and selling low makes sense? - NOT!"In aggregate, Teck will pay approximately US$12.4 billion in cash and issue approximately 36.9 million Teck Class B subordinate voting shares in consideration for the Fording.Jul 29, 2008"
Let's see now -- they paid US$12@ Billion in CASH plus 36.9 million B Shares for
Fording Coal and are selling all the coal assets for US$9 billion ---hmmmmm ?
(appear to be copying my buy and sell approach.)