PBH 1.06% 46.5¢ pointsbet holdings limited

40c effect share price ?, page-19

  1. 19 Posts.

    however that is not what is happening here
    you bought 20% of a business at full price
    you and the other owners agree to sell me 50% of the business at half the value of the business. Deal done. I agree to pay you half the money now and half later
    the business is now worth half of what it previously was as it's lost 50% of it's assets
    later you decide to sell your 20% holding to a third party for 50% of the price you originally paid (as you sold 50% of the business to me, and the business is worth 50% less)
    do you think that the third party should get any of the money I'm giving you in the second payment?
    no. That was a separate and closed deal
 
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