Based on my analysis I think the shares are worth 5.80-6.00
The more shares they buy back below this the higher the rest of the shares are valued in theory
Its a given that this will be approved so wouldnt think too high a jump, maybe get to $5.50
If you want to make a sure thing profit buy and hold. If they can buy back AT AVERAGE OF SAY $4.50 but below $5 this will push my valuation as at today to $7
This will be realised when they sell Eircom, probably in say 2-3 years time. The valuation then could be approaching $8 with what they are doing. Therefore 100% profit based on todays price. I am in on this one for the long term. Its like buying TLS for $2.40 (TLS not TLSCA)
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Based on my analysis I think the shares are worth 5.80-6.00The...
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