Square acquired APT for free

  1. 1,677 Posts.
    lightbulb Created with Sketch. 191
    As the title suggested. Squire could have acquired APT for free.
    Squire has 455mil shares on offer. $29b acquisition means $63 per share (29b÷ 455m).

    This means if Square rise $63, APT acquisition is free.

    The closing price of Square on the day before merger announcement was $247. It rised to $272 on the 1st day. Rise another $38 (15%) will see $310. Cant wait to see the price action tonight of Square.

    Pity APT SP hasn't followed SP(conversion by SP of Square x 0.375 x exchange rate). By closing price of us$272, we should see APT $138 today. Instead it stuck at $128 for the whole day, the same price as the otc market price.

    It is logical to follow Square SP.
    Come on, Square, come on, APT.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.