Really appreciate the time you take to answer each query Binny. Highly commendable.
Jan 20 2013 08:19 PM
Further to your responses, could you please further clarify these queries?
1. I wasn't aware TAS is as good as IB. Should IBs be registered under SEBI or some entity? Aren't there any specific norms that only IBs can provide M&A advisory and stuff?
3. Yes I appreciate the act was illegal. But my question was more from a stock market investors point of view. When I get a news that I would like to bet upon, say SBI is going to acquire SIB, how do I assess the 2 stocks and pick one. Generally the knowledgeable practice would be to use DCF and find the intrinsic value, compare it with the market price and make a choice of either to buy/sell! But in situations like this, how do we better assess?