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Re: Cold Mountain post# 15303

Thursday, 12/06/2012 12:53:32 AM

Thursday, December 06, 2012 12:53:32 AM

Post# of 22017
Well I'm not well-versed enough in risk analysis to be able put forth any serious odds, perhaps you should go ask Nate Silver what he thinks. But I don't think you should just be throwing around numbers unless you have some sort of statistical justification. Honestly though if I had to say, my gut tells me its 50-50 that we get a bid of $500 million or more. Anyway if you believe the post by dannyypk- a native Chinese speaker on this board, there was a recent Chinese newspaper article reporting that Wanxiang's confidential bid was for exactly the same amount as their initial buyout offer: $465 million. Now you can choose to believe that or not but I personally think it's a reasonable bid given how bad they want this. That, and they don't want to lose face by low balling in the current political climate.

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