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Re: In Plain Sight post# 20011

Tuesday, 05/02/2023 11:48:54 AM

Tuesday, May 02, 2023 11:48:54 AM

Post# of 21245
Not disappointed that they are not increasing the share count...actually ecstatic that they arent (shareholder value). Really just going off of conversations made across the industry, and from JD as well. Most of the consolidation/acquisitions want a combination of cash and shares. They recognize that they are undervalued, combining forces, and wanting a bird in both hands; cash in their pocket while also a stake in the future. My surprise was more so in accepting this while knowing how deep JD wanted to go in each market...and also seeing that the company was nearing the 250M (when looking at fully diluted). Just assumed it was inevitable in preparation of upcoming market conditions...and taking advantage. Apparently I was wrong...and excitedly accepting of that.
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