By the way, even before new shares are taken in to equation, at $1.50, here's what you would get Market cap $750M Debt $1B (last I checked) NPAT $120M So if you could buy all the shares for 750M, and then pay down debt, it would take you 14years on NPAT to start making money. At 80c, it would be about 12 years. Doesn't sound too bad, but there are plenty of other companies that fit this discription at mo without the debt. Personally, I'd rather not take the less riskier options. But please make your own mind up.
PBG Price at posting:
80.0¢ Sentiment: Sell Disclosure: Not Held
