so, we'll get an extra $1.615 (less our lovelly divi - dont spend it all at once peeps!!) instead of $1.941....another master stroke as i prefer the SHARES!!
plus, PDL cash balance at Mar23 will pay about 80% of our own CASH component!!! ~$620m cash payout (383m *$1.615) - PDL WILL LIKELY HAVE ~$480M IN CASH + RECEIVABLES, so PPT will hardly need to draw any debt (if any!!) to fund the rest - master stroke again
now pi$$ off regal et al...!
PDL Price at posting:
$4.46 Sentiment: Buy Disclosure: Held
