(Total Views: 228)
Posted On: 01/08/2021 2:47:16 PM
Post# of 36564
Simple. However many shares Joe needs to retire to get a listable SP will be retired.
So we can estimate that there will be 125MM to (maybe?) 200MM shares, depending how Joe can sell the future value to potential investors. I can't see him selling a professional valuation of $500 million as more than $800MM... but I'm not a professional investor, so I hope Joe can prove me wrong.
We own ~36MM shares. So our ownership % will be markedly above the 9% it was presumed to be when Joe idealized at 400MM shares.
All IMO, of course.
So we can estimate that there will be 125MM to (maybe?) 200MM shares, depending how Joe can sell the future value to potential investors. I can't see him selling a professional valuation of $500 million as more than $800MM... but I'm not a professional investor, so I hope Joe can prove me wrong.
We own ~36MM shares. So our ownership % will be markedly above the 9% it was presumed to be when Joe idealized at 400MM shares.
All IMO, of course.
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