Ameritrade (fka AMTD)

[swampboots]

AMTD masterminds an offering with proceeds of 1.24 mil, but market produces a 250 billion market value of which AMTD controls88%....Do they gain anything more than seeing their stock about triple ( soon to be a mere double or less) as AMTD watches their penultimate historic IPO initiative produce 100 times its value for just strangers to benefit?. Seriously, is their some waiting period they must endure to gain any profit from the shares they control? Or better yet, without all the rooting and cheering and snarky tidbits , in legal terms, with no goosing's of self-indulgent boastings or contempt, what is the objective situation from this spectacular display of newly invented unimaginable soaring value
of HDK so connected and controlled by AMTD?

"Assuming the underwriters of the initial public offering do not exercise their option to purchase additional ADSs, (i) AMTD Digital raised total gross proceeds of US$124.8 million in the initial public offering, and (ii) AMTD IDEA Group is expected to own 88.7% of the issued and outstanding shares, and 99.4% of the total voting power in AMTD Digital immediately following the completion of the initial public offering."

AMTD IDEA Group Announces Successful Pricing of Initial Public Offering of its Subsidiary AMTD Digital Inc., with a Pre-Greenshoe Market Capitalization of US$1.433 billion (advfn.com)

https://ih.advfn.com/stock-market/NYSE/amtd-idea-AMTD/stock-news/88603389/amtd-idea-group-announces-successful-pricing-of-in