RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Equinor every financial investment loss is a "paper loss", until it isn't.
They don't need for the stock to go to zero to lock in the loss for tax purposes. Just as you don't need to wait until a stock goes to zero to recognize a capital loss for tax purposes. All they need to do is sell.
If they dumped yesterday, for example, 88% of 147 mill is still approx. 129 mill in capital losses that they can realize on the investment, if that is really what they wanted to do.
that being said, that is all just speculation, at this point. Could very much be a nothingburger, or it can possibley be more than that, as max suggested
fellowship wrote: How does it makes sense if the loss is paper only ?