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25-09-2010, 02:12 PM
I don't understand. At a PE of 22, it makes sense to buy another company of lower PE using shares.
Why is it value destroying?
At PE of 22, it makes so much more sense to do private placement and buy company using shares.
Why is it value destroying?
At PE of 22, it makes so much more sense to do private placement and buy company using shares.