'thecrazykevy' pid='51307' dateline='<a href="tel:1414439 Wrote:
'Kenji100' pid='51305' dateline='<a href="tel:1414439 Wrote:
'thecrazykevy' pid='51302' dateline='<a href="tel:1414436 Wrote:
I think the info on the 20-f showing common class A shares increasing from 247,818,186 on December 31, 2013 to 393,446,333 at the end October 15, 2014 on page 101 might have something to do with the weakness. This increases shares outstanding by almost 50% for the year so far. Now with the equavilent of 90 million ADSs outstanding, the current stock price already gives a market cap of almost $900 million.
So you are telling me the current price is actually not $9.5, but the $14 of the old price.....
I guess in theory. If the stock was trading at a market cap of $900 million with around 60 million ADSs oustanding like at the end of 2013, that would give about a $15 stock price.
the question is what did they do or acquire with these shares? What do these acquisitions mean to the bottom line. Very frustrating being in the dark for so long. I can understand why many have given up