Originally Posted by
parishiltons
Joyce is not spending real money. The transaction is funded by issuing new Qantas shares and exchanging them for Alliance shares.
I sort of get what you are saying
In reality does it cost QF $0 to buy out QQ ?
Assuming QF net worth goes up by whatever QQ is worth, they could therefore issue a bunch of new QF shares to an equivalent value to ex QQ shareholders
Nooooo this can't be right....