GREY:NMKEF - Post by User
Post by
Ciseauxon Jul 04, 2020 11:19pm
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Post# 31225298
Tesla's bubble could help increase NMX bid
Tesla's bubble could help increase NMX bidTesla' stock is clearly in a bubble now at 1200$/share. Even Mush admitted that the price is too high at 700$. And he would not say that for 10 or 20%. One year ago, at 250$ it was shorted by investors.
It provides tesla with an opportunity to buy assets at a cheap price if they can pay with the stock. If the stock is 5 times too expensive, it's like if they get 80% discount.
Tesla' stock price has good chances of still being high in August at the date of the settlement. They could give NMX shareholders the equivalent of 50 cents / share in TSLA stock, and for them that could represent only 10 cents per share, and WIN the bid!