RE:RE:RE:Li Ka-Shing doubles downBud, you throw numbers around like confetti at a wedding party. You might consider looking at and presenting a point of view based on the whole picture instead of re-gurgitating sound bites from your 400 other posts and then using some arbitrary assumptions to disparage others. Quite a class act???
Some facts for you to digest.
May 1, 2019 sp $.67, May 2, 2020 sp $2.08, May 2, 2021 sp $7.18 and May 2, 2022 sp $4.52
So as is ALWAYS the case and as I'm sure even you can clearly see, it depends on when you BUY and SELL. Those that bought 2 or 3 years ago are probably still very happy ....and many may have SOLD already at a tidy profit.
For those that held on ...in the month of April the reports from 7 analysts (probably sharper than both YOU and I) have resulted in a STRONG BUY with a target price that ranges from $9.00 to $13.50. Of course you're much smarter than they ...or to quote you ..."just how stupid are you?" Sorry, that was absolutely unnecessary ....do you get it now?
In the last 12 months there have been 36 purchases and no sells by insiders!
On the question of dilution that is a matter of degree. Obviously adding any number of shares is dilution. It is the degree of dilution, the reasons behind each and the subsequent effect not on the sp but on
the growth and management of the company. This current dilution represents 3.6% of the outstanding shares once added to the current number. It remains to be seen ...and no, you don't have a crystal ball in spite of your utterances, as to how this plays out. No one does!
For all of the above FACTS and annual revenues exceeding $400 million. As for trust you this is always how these work out ...If that were true we would likely be left with 100 companies on the TSX ....I think most know better than that.
Cheers, GLTY and GLTE ....that hold patiently long!!!
P.S. As for these incredibly wealthy individuals ....don't think for a minute that they don't follow the bouncing $ sign. They didn't get this wealthy not being aware of the details.
BudFoxx2020 wrote: I see mikeB!itch wants my attention again. Since I got time, wow, just how stupid is this kid. WELL sp a month ago $5, 6 months ago $6, 1 year ago $8, 2 years ago $9+.
Moving on, this stock is on its last straw before the collapse into the $1-$2. Well is down what 60% so far, just 30% more to go to hit the 90%+ collapse correction, just like Tdoc and will happen with all the Telehealth stocks. Oh it is coming. WELL overpaid top prices for all their 20+ aquisition during the height of the pandemic. There will be massive write downs and impairment charges coming and more dilutions. Promoters are now desperately using Li-Kashing's name to promote this stock. Just read all the pump articles. How pathetic. The man is worth $30+ billiion and retired. He has nothing to do with this company, just the paid promoters pushing a different angle. The guys running the Li-Kashing funds dealing with WELL are trying to save face after paying $9.70+ for the last financing. Now they are doing everything they can to stop the bleeding and support the price at $4. It won't work, 30 million is not enough. That will last a Q or 2, then more dilutions. Trust me, this is always how it plays out. Everything I have said have happened. Here was my latest prediction about dilution and I WAS BANG ON EVEN WITH THE TIMELINE. Cheers.
BudFoxx2020 - (4/1/2022 3:38:53 PM) BudFoxx2020 wrote:
I do agree, they will have to dilute. It will happen very soon. I think this Q or before summer.
BudFoxx2020 - (4/1/2022 3:38:53 PM)