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FINANCIAL CHRONICLE™ » FINANCIAL CHRONICLE™ » BIL and GREG ..What up?

BIL and GREG ..What up?

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1BIL and GREG ..What up? Empty BIL and GREG ..What up? Wed Jan 23, 2013 1:29 pm

avatar


Equity Analytic
Equity Analytic
CAn someone enlighten me on the reason as to why ERI bought BIL especially at 5.50?
market price was below 4 if i remeber correctly...also BIL is a good company with fundamental value...correct me if iam wrong.

2BIL and GREG ..What up? Empty Re: BIL and GREG ..What up? Wed Jan 23, 2013 3:44 pm

Chinwi

Chinwi
Associate Director - Equity Analytics
Associate Director - Equity Analytics
Do not think much about the price.

Owners of BIL sold it to ERI.
Then they bought ERI. Laughing

3BIL and GREG ..What up? Empty Re: BIL and GREG ..What up? Wed Jan 23, 2013 5:09 pm

smallville

smallville
Associate Director - Equity Analytics
Associate Director - Equity Analytics
@Chinwi wrote:Do not think much about the price.

Owners of BIL sold it to ERI.
Then they bought ERI. Laughing


Short and sweet, story ends Wink great chinwi Razz

4BIL and GREG ..What up? Empty Re: BIL and GREG ..What up? Thu Jan 24, 2013 9:30 am

avatar


Equity Analytic
Equity Analytic
ok i get it now. they didnt lose on that deal as they themselves bought it back..
thanks chinwi.

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