someone accumulating aio, page-3

At the time of the bid AIo had 700 mil shares. When the SP was $10 the market cap was 7 billion. At SP of $5 the market cap was 3.5 billion. At the recent SPP AIO raised 4 billion. This is hard cash. Everything being the same, AIO should be valued at $9 billion ($5 bill +$ 4 bill). Remember the GFC is gone, the debt is gone and the company is growing fast in a duopoly market. The current market cap is $5 billion. The SP should rise 80% from here. I think any fair takeover offer would be around $3.