Moseley - would appreciate if you could inform readers on here where you get the figure of $1b from. Is that what you think B4M is worth? Source?
Also, correct me if I'm wrong, but presuming you are basing the abovementioned $1b on the total cost of B4M, and given that we currently own only 25%, wouldn't that mean that our share is worth $250m? So, 40% of that would be worth $100m?
Of course, that would still mean it is a very favourable deal in ITOCHU's favour.
Thanks in advance for your clarifiaction of all points I've raised above.
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