InvestorsHub Logo
Followers 1326
Posts 248722
Boards Moderated 64
Alias Born 12/07/2009

Re: creakyhottie post# 2024

Thursday, 05/23/2024 11:06:49 AM

Thursday, May 23, 2024 11:06:49 AM

Post# of 2043
Yes, it's confusing but as I understand it, $QIND is selling 61-75% of its shares to Actelis. That would be in exchange for just under 20% of $ASNS shares. Due to the difference in valuation between the 2 companies (QIND valued much higher), QIND will eventually own a majority of ASNS on NASDAQ.
Bullish
Bullish

Consider all my posts my opinion and not advice to buy or sell anything. I post on stocks I own or am considering owning. Do your own DD!