Originally Posted by
Deano969
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....
Have a look at the Scheme of Arrangement. Qantas will issue new shares and give Alliance shareholders one new Qantas share for each of their Alliance shares, which will then be cancelled. So the dollar cost to Qantas is only the cost of their transaction advisers, lawyers etc who will make some millions out of it. How the market reacts and whether it reprices/revalues Qantas shares we will see in good time.