$DiDi Global (Delisted) (DIDI.US)$ what if delisted, what wo...
$DiDi Global (Delisted) (DIDI.US)$ what if delisted, what would happen?
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Natasha Kukulka : I have no idea, but it doesn't sound good
Lelecheng : Two types. Forced to delist. Or volunteer to delist.
71130458 OP Lelecheng : What the price would they buy back their stocks?
Lelecheng 71130458 OP : Forced to delist, the stocks will render useless... Volunteer to delist, you technically still have the stocks , but the stocks are not tradable on trading platforms anymore... But, it is still situational so there is not 100% what verdict it is...
Mcsnacks H Tupack : The stock market isn’t going to delist them, they haven’t broken any rules. They aren’t going to voluntarily delist because institutional shareholders own 4.5 billion shares and it would have to be voted on by them and would take a couple of weeks at least. Another is Didi makes more money than Uber does. The CCP is punishing the company for listing on their 100th anniversary. And all they did was make it so that people can’t download the app that haven’t already downloaded it. Didi has been around for almost 5 years so 95% of the country has already downloaded it. Didi also has an ace in the hole they can use as a news announcement. They have 2000 of their vehicles that have been purchased to be used in the US by….$$Ideanomics (IDEX.US)$
Mcsnacks H Tupack execve : Meant as 95% of the people who want to use Didi have it downloaded already. Very small percentage that want to download that won’t be able to.
bluemerlion : The CAC timing is just so “timely”