Re: Analyst believes $5/share for Cliffs (from Freewest) not built in price yet

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bananaboy

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Re: Analyst believes $5/share for Cliffs (from Freewest) not built in price yet

in response to

Re: Analyst believes $5/share for Cliffs (from Freewest) not built in price yet

MarathonMun

posted on Mar 20, 2010 12:44PM

FWR is said to have been worth $5 per CLF share, of which there are approximately 135million. So 5x135m = $625 million; this is somewhat less than $5 per FWR share, though more than the take-out price.

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