2 ms·
It's not just the type of share - a single bid/buy transaction does not necessarily reflect the value of the rest of the shares. Saudis need to park tons of ca
by sonnyblarney 8y ago
It's not just the type of share - a single bid/buy transaction does not necessarily reflect the value of the rest of the shares.
Saudis need to park tons of cash somewhere. They might be willing to pay a premium for the safety of an American company. A hedge fund may not.
Valuation of a company by using a small sample transaction is always a roughshod thing.