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Note that orignal valuation assumed full dilution with the 2006...

  1. 104 Posts.
    Note that orignal valuation assumed full dilution with the 2006 options exercised - this didnt happen so your per share value is higher even than as you noted. Its not that strightforward because the 700 million '06 dilution becomes 100 million '07 dilution - but same logic applies.
 
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