End of 1Q'14 there were approximately 1,031,420,000 YHOO shares.
Reuters (02014.04.16): "Speculation about the valuation of Alibaba has reached a fever pitch, with some brokerages pegging it as high as $190 billion."
Yahoo! owns approximately 24% of Alibaba.
24% of $190,000,000,000 is $45,600,000,000. $45,600,000,000 divided by 1,031,420,000 YHOO shares is approximately $44.21 per YHOO share.
YHOO closed on 02014.04.15 at $34.21. After reporting 1Q'14 results, YHOO opened on 02014.04.16 at $36.98. YHOO 52-week high: $41.72. I will probably sell some YHOO if it hits 14 $Pi ($43.98).
No comments:
Post a Comment