Ann: Conversion of CDIs into Shares of Common Stock, page-9

  1. 15,027 Posts.
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    I think the company has to remain agnostic about its place in the share market, so it is not able to divulge anything at all about the ASX & NASDAQ positions other than to make observations that holders can do such and such if they choose to, as they have. I think as you have pointed out that the key is to have sufficient stock liquidity available for trade, which won't be assisted by holders transferring their stock and holding it - it needs to be liquid and available for trade. Take on for the team lol. The NASDAQ does want to preserve its integrity and won't allow randon trades to take place at elevated prices - drats and double drats.

    As for Affirm, the end of year financials are yet to be revealed, but at face value, it only lost $200 mil for the qtr, expressed as 69 cents per share instead of 85 cents per share, so its SP shot up 28%? I guess it will miss out on the $1 bil loss for the year? Blerg. I reckon you would need to be a glass half full kinda guy to see the rosy side of that lol
 
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