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10/08/22
18:00
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Originally posted by thewood
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I'll put my 3 cents worth in ( I put my 2 cents worth in last time but unless I'm prepared to up my offer no-one will be interested , Take note Pfizer)the initial offer was subterfuge (get the board onside to convince the shareholder what a great offer it was ) next bullying tactics , up the offer a bit (14 + cents )then flood the online chat boards with doom and gloom if the offer is not accepted ,monitor the results , if unsuccessful up the offer again , continue the monitoring if things are not swinging Pfizer's way , continue with the doom and gloom strategy reassess things if things are going well , sit back ,open a bottle of the most expensive wine you can find and make jokes about bending the shareholder over backward and ..............
If unsuccessful , have a board meeting , discuss offering terms that are actually fair and reasonable , face extreme resistance from many of the board members ( Why should we have to pay what it's worth we are a big company , we pay Lawyers and account a s---t load of money so we can screw the small guy over , it's not fair )Finally come to the decision , we really want this company and if we have to we will give them what its worth , but don't expect us to be happy about it My opinion only and not financial advice . I have had a few wine so take that into account
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Sound like a successful strategy of any business but I think the initial lowball offer was because Pfizer didn't know how to value the company. However, I was surprised they didn't just increase this to the IER's prefer valuation without the Data Confirmation caveat which made the market question whether they really wanted the technology causing some very LT to even sell but since they eventually got here it's clearly they do.......
Last edited by
AlCp :
10/08/22