$Futu Holdings Limited(FUTU)$Don’t understandthe maths.... Issue 9.5m ADS. And 1ADS is 8ADS share. So total issued is 76mil shares at offer price of $153. Current shares outstanding is 111m. So share dilution is about 31.5%... so stock price should be around $105? ($153 -31.5%)... is that how the maths works?
Unless you're invested in a fraudulent company, the bears hardly get to you with so much liquidity and new businesses coming on.. So not sure if what he's saying is totally relevant.
Good speculative stock..for the strong guts. Investment? Nah..it's when speculation goes wrong and you have no choice but to hold....and call yourself long term investor. Seriously, the market is rigged both up and down. The apes were special once but they refuse to get out of the cave. And guess what? They become archeological exhibits.