Post by
Runandcoke on Jan 03, 2024 1:20pm
ABX cash
This from Barrick website
Q3 2023
Financial Position ($ millions)
Debt (current and long-term) 4,775MM
Cash and equivalents 4,261MM
Debt, net of cash 514 617 PEANUTS ZERO
so they are small net debtors and clearly can issue what they like for a takeout
so I yield there will be a cash component but clearly NOT 10 Bilion or anything like that
think stock and a small amount of cash 3 or 4 $ a share cash plus stock or all stock
Comment by
Runandcoke on Jan 03, 2024 1:29pm
Yeah even then its pretty dilutive for ABX they are 41 BN dollar company not a 200 BN dollar company 700m shares FM os * .8 ABX = 550 MM current ABX float is 1.7 BN so that is a dilution for sure