Replies to post #897 on Moatable Inc ADR (MTBLY)

[Smooth_Legend]

If we get $500M worth of SoFi shares (at $8.6B valuation) transferred into $RENN and $IPOE appreciates 3.5x, then we would have $1.75B, divide it with today's market cap we get 7.8, multiply it with today's stock price $9.47, and after this scenario $RENN will be worth $74 per share.

Don't sell at $15