Twitter was valued $44b and Mask offered equal amount to that.
IER valued RAP 20.7c but Pfizer only want to pay 14.6c, at 30% discount. Twitter and RAP has absolutely no comparison in regards to future revenue growth.
Some long term holders won't even agree to sell with 30% premium, let alone for a discount at the stage RAP's potential are unable to reveal.
PS: In 2018 Broadcom wished to takeover Qualcomm @US70 per share, then raised to $82 per share, these offer was reasonably fair but was objected by Trump. Today Qualcomm last closed at $155.86
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Top-up fundraiser, page-202
Currently unlisted. Proposed listing date: 4 SEPTEMBER 2024 #
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