Moatable Inc ADR (MTBLY)

[Chrysanthemis]

Thanks! I still do not understand why the price gravitates so strongly towards 25 USD.

The only explanation I find is embarrassingly simplistic, apart from the fact that it is wrong or unconfirmed in every detail:

1. The settlement is worth 300 MUSD.
2. There are 24 million outstanding ADRs.
3. Half of them belong to defendants and are not entitled to compensation.
4. 300/12 = 25.

Any other ideas? Possibly my imagination isn't powerful enough.

P. S. the "analysis" provided by Motley Fool made me think that they merit their name over there.