/biz/ - Business & Finance

Anonymous Wed Dec 30 16:06:46 2020 No.25327011 [View]
File: 116 KB, 234x260, are-you-retarded.png [View same] [iqdb] [saucenao] [google]

>>25326703
Jesus Christ. Are you really trying to argue that the SHARE PRICE of RKT is $20 therefore the SHARE PRICE of GHIV slash UWMC cannot be higher than $20??
>what is market cap
>what is share float
They're buying 6% of the shares at a valuation of $16 billion
0.06 times $16 billion = $960 million
current cap $694 million
gaining $266 million = +38% = $18.00 share price
>when it was at $10
If you had bought GHIV when it was $10 you could have been waiting 8 months with nothing happening - instead now you only have to wait 21 days

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