Friday, October 22, 2021 1:42:07 PM
I do not know but Right now Nestle has 2,750,000,000 O/S worth $117 for a market cap of $320,000,000,000. Nestle's very profitable revenue is $85,000,000,000.
If Nestle wanted to make an unsolicitated purchase of BABYF, they could offer 10 times our market cap ($1,5B) by issuing 13,000,000 new shares (dilution of 4%).
This being said, Nestle doesn't need us right now, therefore BABYF is very likely worth nothing to them.
Patiently,
Roger
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