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Old 06-27-2022 | 10:27 AM
  #1610  
Stayontarget
Almost there
 
Joined: Apr 2021
Posts: 2,011
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Originally Posted by keysersose
Indigo IPO'd Spirit and made a few billion dollars.

Indigo owns 85% of Frontier. It is Indigo buying back Spirit for almost zero cash. Deal of a lifetime.

I'm going to go crosseyed listening to what Frontier stock might be worth in three years because it might be worth $5 if there is a recession. Money is not static. It can be reinvested.

The offer from Frontier is worth less than todays Spirit stock price. IOW...... It would be more valuable to a current owner to cash out today and buy back in later as this continues to crash. Indigo will be getting SAVE for less than todays value. Let that sink in.
Oh it’s sank in alright. If F9/Indigo wins they will look like geniuses for the second time on 10 years.