Thank you for starting the blog, seems very interesting! I had Millicom on radar for a while and recently bought when the price got too low. Especially telecom seems very unpopular right now. What’s your opinion on the rights offering? I was surprised by the dilution.
Great post, just a question, I don’t quite understand your reasoning regarding the EUR 17,5bn in value of Bollore’s assets turning into EUR 37bn. The amount of distributable assets doesn’t change with a complex ownership structure so in my reasoning the maximum distribution remains EUR 17,5bn or am I missing something?
Thank you for starting the blog, seems very interesting! I had Millicom on radar for a while and recently bought when the price got too low. Especially telecom seems very unpopular right now. What’s your opinion on the rights offering? I was surprised by the dilution.
Great post, just a question, I don’t quite understand your reasoning regarding the EUR 17,5bn in value of Bollore’s assets turning into EUR 37bn. The amount of distributable assets doesn’t change with a complex ownership structure so in my reasoning the maximum distribution remains EUR 17,5bn or am I missing something?