MarqueeGemFinder -- EMJI Plan to Buyback 3B shares...
Regarding this plan to buyback 3 billion shares, it looks like we could be seeing a simultaneous transaction happening on L2 between MM BKRT and 2 other MMs. It is very interesting. Since +10B restricted shares were issued to a company controlled by the chairman of EMJI, the buyback of 3 billion shares will involve the remainder of the O/S plus what BKRT has to go through the remainder of this/next week, this is my deduction.
Am wondering why the company would initiate a buyback at this level and not near 0,0001.
Thoughts?
Best,
BB
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