I see a lot of $EROS bulls here, can someone explain this?

Eros Now is basically non-existent from google query standpoint

These results are within India, and I ran it today. I want to like this company but I don't see how they plan to beat the competition. Even with the merger. Seems that actual Indian people with an internet connection have spoken. I'm not sure what STX sees in this.

Also I read the equity plans to be split 50/50 between Eros and STX and I read this from investor presentation here at slide 14:

Eros and STX shareholders will each own approximately 50% of the combined company on a diluted basis(1), prior to giving effect to any incremental equity investment or new management equity pool

'm well versed in finance and I don't know what this means. Seems like a dilution to me. Thoughts?

submitted by /u/RTWin80weeks

Source link

Leave a Reply

%d bloggers like this: