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4,071 Posts.
620
23/08/21
19:01
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oh piggy,
dropping the ball again.
No!
Square is NOT giving up 37.5% of the company.
if square gave shares at a ratio of 1 to 1 (100%) does it mean they gave away 100% of the company.....
idiotic.
Afterpay currently have ~ 289 million shares outstanding
which will convert to approx ~ 108 million square shares
if deal goes through square will have approx 567 million shares outstanding.
108/567 = ~ 19%
you complete lack of understanding is amazing.
your posts should come with a disclaimer that you have no idea what you are taking about!
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