Gregmal Posted October 27, 2022 Posted October 27, 2022 If this is legit is thing not a pretty significant deal?
valuesource Posted October 27, 2022 Author Posted October 27, 2022 55 minutes ago, Gregmal said: If this is legit is thing not a pretty significant deal? I guess that settles it. Fairfax responded saying they have no intention of selling their interest in BIAL. I thought I remembered us arriving at a more significant valuation a while back. Maybe 4B on the high end.
Gregmal Posted October 28, 2022 Posted October 28, 2022 Eh too bad. Just when you thought the old man was gonna go ham playing the liquidate and buyback game with Mr Market. Guess we will see.
Parsad Posted October 28, 2022 Posted October 28, 2022 Yeah, there is no way they are selling BIAL unless it is some really stupid offer. The airport is magnificent, but they also have like 460 acres of land around BIAL that they can develop over time. BIAL is a long, long-term holding as the passenger growth is like 25-35% a year. Cheers!
Viking Posted October 28, 2022 Posted October 28, 2022 Well, we can put a pitchfork in that rumour. Kind of crazy to think what would motivate someone to speculate on something like that Maybe someone got tired of holding the shares and was hoping to get a pop. If so, didn’t work out.
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