Replies to post #98553 on TON Strategy Company (TONX)

[trader59]

That's fine, he's still wrong.

The company's stock is currently on the market, so it isn't an IPO. That stock has a price established by the market, so additional stock sold by the company will be offered by the underwriter no higher than that price. When the underwriter acquires the stock to market it, they will pay less than market so they can make a profit. They'll set their purchase price at a level that the dilutive action on the price (ie - negative impact) will still not fall below that purchase price. They want to sell it all and profit from it. It's what they do.

[cantwaittoretire]

I'm going with what you say. People on here seem to think they know everything just because they googled it or whatever. I believe that there are ways of doing things that the average person doesn't know and like I said previously, I don't believe Rory or Donohoe and Associates would be going through with this if they didn't know the path they were going to take and knowing it's not going to harm shareholders.