p****a
发帖数: 4829 | 1 Quote "Berkshire also will get warrants to buy 700 million Bank of America
shares at an exercise price of just over $7.14 a share, with the ability to
exercise any time in the next 10 years."
If buffet exercise the options to buy 700 million BAC, where do those shares
come from? If they are new shares, would BAC stocks be diluted? FYI, the
total number of shares of BAC now is 10B, so 700 million new BAC shares
would dilute it by 7%. | c*******9
发帖数: 6411 | | l****u
发帖数: 3130 | 3 he must buy the preferred for now and the warrents is attched with preferred
so no dilution for now
to
shares
【在 p****a 的大作中提到】
: Quote "Berkshire also will get warrants to buy 700 million Bank of America
: shares at an exercise price of just over $7.14 a share, with the ability to
: exercise any time in the next 10 years."
: If buffet exercise the options to buy 700 million BAC, where do those shares
: come from? If they are new shares, would BAC stocks be diluted? FYI, the
: total number of shares of BAC now is 10B, so 700 million new BAC shares
: would dilute it by 7%.
| p****a
发帖数: 4829 | 4 I mean what happens if he exercise his 700 millions option?
preferred
【在 l****u 的大作中提到】
: he must buy the preferred for now and the warrents is attched with preferred
: so no dilution for now
:
: to
: shares
| l****u
发帖数: 3130 | 5 for sure when he convert to common shares
【在 p****a 的大作中提到】
: I mean what happens if he exercise his 700 millions option?
:
: preferred
|
|
