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Re: budge post# 7352

Friday, 08/24/2012 3:21:31 PM

Friday, August 24, 2012 3:21:31 PM

Post# of 10866
If it was plausible it would be done all the time. It's never done.

It would be one thing if a company's value was subjective. It's another when the overwhelming majority of the company's net assets is cold hard cash. The notion that one can buy say $100 million in cash for $7 million is a joke.

There's going to be say, just for simplicity, $100 million sitting there in a bank, and you think there's any scenario whatsoever where some goof ball can say "I'm buying the $100 million in cash for $7 million and I'm the majority shareholder so there's nothing you can do about it nanny nanny poo poo"

Yeah okay.
Sure.
Right.

Raw

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