sprt stock price after merger
SPRT stock has languished in the 1 to 2 range for the last five years at least until 2021 that is. Months after the stock was first listed.
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This also implies that todays price of 22 for SPRT is equivalent to a post-merger price of 18886 for GREE stock.
. Ujacquesmioff is reporting short interest not short. Ive heard anywhere from 35 to 60 on the rumor mill but nothing with substance. The short interest of free float estimate for SPRT is 7384 and the people calculating these estimates are pretty damn good.
Investors are using this data to compare Greenidges value to. There will be a special shareholder meeting on September 10 to vote on the merger according. When the merger was announced SPRT stock shot up to approx.
GREE has been shooting for a 40 price after the merger. Even after merger GREE stock price will be high enough that current SPRT investors will be trading above average. After the merger closes and the 0124 exchange ratio kicks in the new stock price will be 761012388 or.
Assuming GREESPRT having a market cap of 25B SPRT will get 8 of that. Will the price of the stock be higher then and. 10 votes 27 comments.
108k members in the SPRT community. After adding back the 70 million in cash and dividing this by 38863 million shares SPRT stock will be worth 6145 per share. The imminent merger is exciting but the SPRT stock price isnt supported by the data August 26 2021 By David Moadel InvestorPlace Contributor Aug 26 2021 806 am EDT.
If we shoot the price of SPRT up. Months after the stock was first listed. The stock has now pulled back 400 since it closed at a 17-year high of 3639 on Aug.
This is 5286 above todays implied equivalent. The company posted total revenues of 85 million signifying a year-over-year decrease of 23. What do you all think when it comes to the price of SPRT once it becomes GREE September 10th.
Month of August the last time. 30 after a meme-stock like rally that took the heavily shorted stock up 364 in two weeks. And since page 23 of.
Investors who bought it at its lows around 1 per share did well even before the game-changing crypto. Since SPRT shareholders get 77 of the new company and assuming no new shares there are 25701286 outstanding shares of SPRT then each share of SPRT would be. After the buy the rumor phase petered out the only.
That will be set just before the closing. Keep in mind SPRT stock had already gone up hundreds of percentage points in anticipation of the Greenidge merger. Months after the stock was first listed.
But the stock traded at a healthy discount to its net cash position.
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