WilLow Talk
:
The selling price of these 12m stocks is 23.50. company won't receive any money from this sale. So I think the market price will fall to the same selling price. why would the market buy higher than the selling price for now, right
soyabean89
OP
WilLow Talk
:
Thank you for layman term. Could you enlighten me why they carry out such exercises? Do you think it will go higher than $30 in future?
WilLow Talk
soyabean89
OP
:
it's the shareholder that is selling so nothing much to do with the company. not sure why the shareholder decides to sell such a big chunk at a price lower than market price lol... I'm no experienced trader.. can't tell the market price. lol I'm holding my shares cos I think EV is the future and charge point seems to have certain potential
WilLow Talk : The selling price of these 12m stocks is 23.50. company won't receive any money from this sale. So I think the market price will fall to the same selling price. why would the market buy higher than the selling price for now, right
soyabean89 OP WilLow Talk : Thank you for layman term. Could you enlighten me why they carry out such exercises? Do you think it will go higher than $30 in future?
WilLow Talk soyabean89 OP : it's the shareholder that is selling so nothing much to do with the company. not sure why the shareholder decides to sell such a big chunk at a price lower than market price lol... I'm no experienced trader.. can't tell the market price. lol I'm holding my shares cos I think EV is the future and charge point seems to have certain potential
Sg-Jin : Brutal
soyabean89 OP 374783288e74 : Thank you for the technical explanation.