Confused About Buyouts
Confused About Buyouts
While playing Southwest on Tycoon with 3 competitors, my company had a buyout price of over 23 mil, yet I was bought out by a competitor who had less than 15 mil in cash.
Don't you have to have the buyout amount in actual cash in order to take the action? What am I missing here? I'm rather new to the game, so I haven't learned all the subleties of it yet.
Don't you have to have the buyout amount in actual cash in order to take the action? What am I missing here? I'm rather new to the game, so I haven't learned all the subleties of it yet.
the buyout price you see is not the buyout price your competitor sees. Most of the time anyway. IF your competitor had more shares in your company than you held yourself, then his buyout price will have been lower. The only time the price is the same is when you both control the same amount of stock. So you can somewhat protect yourself by investing in yourself.
Steamer - step back into this sub-forum and read a bit. There has been a bit of talk on this subject. Basicly in playing this game you are sitting at a table with, in your case, three other people. The game is a box on front of you. You each see a different side of that box. When you own all of your stock, you see $0 on your screen because it would cost you nothing since you own it all. Your competitors would all see a price that is what it would cost them to buy you out, your Net Worth along with some calculations.
If Jim owns 1 of your stock, his cost to buy you out is the 9 other stocks, but your cost is only the one stock he owns.
Ya, confusing
If Jim owns 1 of your stock, his cost to buy you out is the 9 other stocks, but your cost is only the one stock he owns.
Ya, confusing
I'm correct 97% of the time..... who cares about the other 4%....
Thanks, I think I get it now. And you're right, I need to do some more reading here. Or I should say re-reading, since actually I had already read every thread in this Strategy section, but it was before playing the game, and I guess some of the finer points just didn't register at the time. I have to say, though, this is an absolutely terrific forum, with unusually literate posters, and a veritable treasure trove of information - the amount of testing and in-depth analysis you guys have done is simply amazing, and I don't think I'd have had the will or patience to stick with this game even as long as I have without the guidance you all have provided. So thanks again.
EDIT: And now, with new and belated awareness I see two specific threads below that had addressed my confusion, but must have whizzed over my head at the time.
EDIT: And now, with new and belated awareness I see two specific threads below that had addressed my confusion, but must have whizzed over my head at the time.
Don't worry Steamer...You aren't the first to ask a question that has already been answered in this forum, and no doubt, you won't be the last.
Anyway, welcome to the forum. I hope the knowledge contained within these walls can help you (and others) out in enjoying the game.
There is even a Railroads! Wiki, which has tons on useful info. Alot of the stuff mentioned in the forum is collected there, but it is a bit more organised than trawling through the forum.
Anyway, welcome to the forum. I hope the knowledge contained within these walls can help you (and others) out in enjoying the game.
There is even a Railroads! Wiki, which has tons on useful info. Alot of the stuff mentioned in the forum is collected there, but it is a bit more organised than trawling through the forum.