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Sunday, January 26, 2020 10:40:06 PM
Actually, if they did that and lost a takings case. Which they will lose if they do this, one fix ... would be require the government to repurchase ... on the open market and return the company the 8 billion shares they took.
Could be incredibly expensive when they lose if they do this but that is their choice.
They can decide to void the warrants and avoid the possibility of this; or they can do this... reap 100Billion in value and then spend 300Billion repurchasing the warrant shares or more.
Keep in mind if they do this. And then the company's have to raise capital they may have to issue more shares at deflated prices than would have been necessary at normalized prices without the extra shares...
This could further be a taking and thus result in more damages and losses.
Could be very expensive.
Hope the government really is trying to protect the taxpayers by not being stupid.
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