Unashamed ramping by certain posters as they know fine well We Chat already has its own BNPL integrated.
https://technode.com/2020/03/31/tencent-launches-buy-now-pay-later-credit-feature-in-wechat/
Everyone knew Tencent would "have to" buy more to retain their substantial shareholder status.
It would not be in anyone's interest including Tencent to issue a ceasing to be a substantial shareholder release hurting the share price.
The buyers of the placement shares would have issued a condition that Tencent retains its substantial shareholder status in order to give them time to offload
All they are concerned about is the ability to make a quick profit.
The bots will be in full flow today keeping the share price up while they offload
- Forums
- ASX - By Stock
- APT
- Tencent returns for more Afterpay, allocation pending
Tencent returns for more Afterpay, allocation pending, page-27
-
-
- There are more pages in this discussion • 17 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)