I forgot the share price in the calculation anyway
Post# of 36536
(Total Views: 322)
Posted On: 05/20/2021 11:55:30 PM
I forgot the share price in the calculation anyway...
In:
https://www.sec.gov/Archives/edgar/data/00018...rms1a2.htm
I have:
“Conversion Rate” means for any date of calculation, the quotient obtained by dividing the Class A Price for such date by the Class B Price for such date.
So with this, the market cap stay the same. If class B is 10 dollars and class A is 1 with 100M shares
class A become 1/10*100M = 10M shares B at 10 dollars =100M
So the total market cap is MC NUGX + MC NGIO, but what would determine the share/market price of each?
Yes, I am not joking, just (another) stupid shareholder, we should maybe start to worry...
In:
https://www.sec.gov/Archives/edgar/data/00018...rms1a2.htm
I have:
“Conversion Rate” means for any date of calculation, the quotient obtained by dividing the Class A Price for such date by the Class B Price for such date.
So with this, the market cap stay the same. If class B is 10 dollars and class A is 1 with 100M shares
class A become 1/10*100M = 10M shares B at 10 dollars =100M
So the total market cap is MC NUGX + MC NGIO, but what would determine the share/market price of each?
Yes, I am not joking, just (another) stupid shareholder, we should maybe start to worry...
(1)
(0)Generex Biotechnology Corp. (GNBTQ) Stock Research Links
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