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Hi all, I received an email from MooMoo to submit an election to redeem USD10 per share Or to take no action. Anyone of you received this and what action should I take?
Hi all, I received an email from MooMoo to submit an election to redeem USD10 per share Or to take no action. Anyone of you received this and what action should I take?
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fuzzthehax : They want buy back all the shares . Idk if its good or not
Jamesfongmm : I also received, but I bought at 14.60 leh.
fuzzthehax : They wanna buy cheap so i got a feeling they gonna rocket or it can go down . But go with your gut feeling
Patylc OP Jamesfongmm : I bought at 14.85. I somehow feel that this share will rocket, else why are they buying back all the shares?
fuzzthehax Patylc OP : Yes my thoughts too
Stonkslanger : This is how SPACS work. Right before the merger is complete you have the option to sell back your shares for $10 The exact same thing happened with LCID when it was CCIV.
70542874 : I say vote to merge and hold all your shares. this stock is rock bottom right now!