Purpose of share is for companies to raise capital
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Posted On: 07/06/2022 9:17:47 PM
Re: Wallstreet1234 #2287
Purpose of share is for companies to raise capital.
In your 100 to 1 scenario.
If 990 million were used after a RS even if the stock declined from dollar to 10 cents that would provide the company with 99 million dollar after the RS.the company must be purchasing something really significant to need that much capital.
In your 100 to 1 scenario.
If 990 million were used after a RS even if the stock declined from dollar to 10 cents that would provide the company with 99 million dollar after the RS.the company must be purchasing something really significant to need that much capital.
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