Mol will smile if he only looses say 200mill on share disposal , maybe he is easy
Pleased but it'll be a while yet , which is a shame normally he is on the ball !
Fraid not as FR has already written down value of the shareholding as its required to do. Impact was taken years and years ago and you don't double count it.
Therefore any sale impact just means lots of cash in.
Average share price FR bought at was €2.52 and spent €392M (2007 annual report)
Your figure of €200 Million loss v original would be right IF in the event of a takeover the price was at €1.24 (today €1.49). (Merger is between 2 equal parties........IF it was IAG / EI it is a takeover.)
At that price (€1.24) FR would get €192 Million in cash.......at €1.49 (closing price today) FR would get €232 Million..........assumming a takeover may potentially add a bit to share price then every 1 cent increase in price give FR approx €1.5 Million.