Yep.
7 replies (most recent on top)
The idea that Q's stock price would go above $70 is based on the false assumption that there is actually any kind of upward pressure to the stock price (as is and was the case with NXP). But without the support from the Broadcom offer, the Q stock price would be dropping right now. That's why the stock price will continue to hover close to $70 until the merger is actually executed.
What is the market price for an unbiased dollar? Is there a futures market for eurounbiaseddollars
The unbiased dollar needs to remind people that increases to AVGO's offer will most likely include more stock, not cash. So maybe you get $20 in stock in the new offer, which is about 1 AVGO share for every 12 Qualcomm shares. You STILL would be better off selling Qualcomm at 68 and buying AVGO today.
YES! Finally someone else who has it right. Vote BLUE. Then, like NXP, the price must go up for the tender to be completed.
The share tender process will push the price higher. The white proxy vote will only push BRCM away and push down the qcom stock price. Look to nxp for the path to follow. Vote BLUE.
The unbiased dollar has already explained why a blue vote right now means you want $70. It is very clear. If you believe that votes right now are known to all parties (they aren't), then you would realize that holding back a vote is more powerful than committing right now. By your logic, if you believe votes are known to all parties immediately, then a white vote would pressure AVGO to increase their offer.