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Ann: BetMakers submits proposal to acquire Tabcorp assets, page-571

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Kit Walker

9,772 Posts.

1173

01/06/21

17:35

Post #: 53571766
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Originally posted by aurelex90: ↑

ask yourself this hypothetical:

company A has a market cap of $100 million. It wishes to buy 50% of company B for $500 billion.

It will do this via 2 ways: debt financing on 100 billion and issuance of shares of 400 billion.

"isn't it value creation?"

You are looking at this from the company's balance sheet, not from the shareholders perspective. Something to keep in mind and I'm not going to spell it out. People need to work this out for themselves.

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Ask yourself this, how nutso are you, 112 posts today, so far

BET Price at posting: $1.11 Sentiment: Buy Disclosure: Held
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Last 9.2¢		Change -0.008(8.00%)		Mkt cap ! $88.28M

Open	High	Low	Value	Volume
9.8¢	9.8¢	8.9¢	$452.6K	4.879M

Buyers (Bids)

No.	Vol.	Price($)
2	206570	9.1¢

Sellers (Offers)

Price($)	Vol.	No.
9.3¢	130785	4

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No.	Vol.	Price($)
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1	186867	0.090
2	136094	0.089
1	50000	0.088
3	94124	0.087

Price($)	Vol.	No.
0.092	16655	2
0.093	114011	3
0.094	205790	2
0.095	544000	2
0.097	64296	1

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