Sunday, March 17, 2019 2:40:21 PM
To me that means the share price in the future may be $300 but the company can combine my shares if they are 10 each as a 30 to 1 “deal” and I have still paid the same amount but have not recieved any true growth on my investment. What are they buying back shares with? Profits? Would that go in to dividends? Or will us little guys just bankroll the rich? If higher share prices can be achieved through market share and earnings through good management $300 a share would be fine, I think it unlikely as the entire industry at it highest projection is 260 billion. I would rather see $20 or $30 per share giving me a dividend lol!
Anything I post is my opinion only and subject to change on a whimsy
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