Looks like falling below $10-00 now, not too sure what the future financials are going forward?
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Looks like falling below $10-00 now, not too sure what the future financials are going forward?
A snippet from John Ryders global Investment letter re SPAC"S. Alot of fees ripped out
"The Harvard Law School Forum on Corporate Governance has released a paper in which the authors found that although SPACs issue shares for roughly $10 and value their shares at $10 when they merge, by the time of the merger the median SPAC holds cash of just $6.67 per share."
Currently have 500 shares, no doubt this will fall below $10 now that we've de-SPAC'ed. I'll be loading up on 500 more shares. My favourite SPAC alongside Avepoint, Lucid Motors & Hyliion.
Nasdaq launch Thurs 1.30am NZ.6,000 plus kiwi investors,good luck for the listing.
So purchase VACQ stock before 25 Aug and then it converts on listing of RKLB, is that right?
Dont know if you have enough time or not .im not a holder and dislike SPAC 's,too many snouts in the trough.
Stake seem to think that that is right...
https://hellostake.com/au/blog/stake...lab-how-to-buy
RKLB down 10%, makes my US portfolio look shabby. I should have listened to the voice of reason that reads: "dislike SPAC 's, too many snouts in the trough". Thank goodness for pie funds, people who actually know how to make money. Of course the theory is that I load up on more of RKLB at this price. Your thoughts?
Currently hold around USD10K spread among NYSE: ETN (a utility), VECCO, LSCC (obscure semiconductors) WFC, JPM, (Banks) AAPL. Tips from https://kratistoinvesting.blogspot.com/, who had nothing to say about RKLB