DiDi is very likely to buy back shares at IPO price. thats like almost a 100% gain if they buy at low.
The whole game can very well become, guess Which is the next Chinese company gonna go private. The whole market sentiments just may turn 180 degrees
you can search how companies go private, they either buy all the existing shares on market. or decide by the third party agency, which will very likely favor the US investors.
So sit tight, I dont want ppl to take risk, just my thoughts.
trans201 : The competitive landscape of China rideshare market changes totally during the past half year amid China's tech crackdown, so who would pay IPO price to buy back their shares now? This is a big mismatch. That IPO price represents the fair value half year ago, not now.
BC_76 : haha. Didi delisting actually pop up its share price now. That's something strange.
丁蟹NA OP BC_76 : Why is that strange. buy back shares will result share price to go up.
丁蟹NA OP trans201 : The ipo price already under valued at ipo. it initial value should around 38.
trans201 丁蟹NA OP : 38 HKD maybe
BC_76 丁蟹NA OP : ppl are selling BABA for that same delisting reason. right? look at how BABA drops. nothing drops bigger that that. How much erased off its value and how many inventors lost and sold at recent lows due to the mounting fears.
丁蟹NA OP trans201 : 38USD google didi valuation during ipo.
SANDRO 善子 : Didi said in a separate statement its board had authorised the delisting in
New York of its American depositary shares “while ensuring that ADSs
will be convertible into freely tradable shares of the Company on
another internationally recognised stock exchange”....ref:
https://www.ft.com/content/c30cf911-51da-4b40-a969-161351de6f04
丁蟹NA OP BC_76 : Same true for ppl buying baba for the whole year. watch baba hk capital trend. Green the whole year
丁蟹NA OP SANDRO 善子 : Yeah, i saw that too, could boost some confident i guess.
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