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Post# of 2340537
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dirkv

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dirkv

Re: None

Monday, 02/12/2024 10:31:04 AM

Monday, February 12, 2024 10:31:04 AM

Post# of 2340537
WISH: 6.82

I hope we see $10/share before the end of this year. = $240.000.000

https://bnnbreaking.com/finance-nav/contextlogic-sells-wish-ecommerce-platform-to-qoo10-for-173-million
has agreed to sell its Wish ecommerce platform to Qoo10 for $173 million. The transaction aims to help ContextLogic monetize its $2.7 billion in Net Operating Losses (NOLs) and create new opportunities for value creation. The Board of Directors is also considering partnering with a financial sponsor to maximize the value of its tax assets.

Shares Outstanding 5 24.01M
Float 21.4M
Book Value Per Share (mrq) 11.33
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