alt Hacker NewsCan you explain your thought process here? Perhaps we're "embarrassing my basic knowledge of finance", but I wasn't able to follow his math either.
Can you explain your thought process here? Perhaps we're "embarrassing my basic knowledge of finance", but I wasn't able to follow his math either.
The math doesn't actually math. Even if you're not discounting the cash on hand from GME's value all of GME's market value, plus their cash on hand, plus the "highly confident" $20B still doesn't add up to the take over value in Cohen's letter.