See my edit above, I never said "a few pennies" or "a few cents", I said "cents" intended as a relative contrast to "millions." We don't know how much a company is worth if it is expected to be immediately destroyed upon purchase, so if "dollars" or "10s of dollars" is more palatable to you, feel free to mentally substitute that instead.
steego|2 years ago
That’s what you wanted to say.
Better, you could have lead with a question, “Why would someone buy a company at a huge premium if doing so immediately destroys the value upon purchase?”
Let’s try it out.