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snow

05/01/24 9:28 AM

#9251 RE: RealDutch #9250

RD My calculation has been that I am supposed to own about 84,000 thousand tokens in each vertical because I paid in cash corresponding to about 754,000 tokens. I don't see how you arrive at a number that is about 50% higher. If I don't misunderstand the 27 dollars per token is similar to a situation where a stock is launched on the NYSE at for instance 10 dollars per share. That is based on a valuation of the stock and normally it starts trading at a certain premium. But subsequently the pps is free to move anywhere based on market sentiment. Is t his a fair analogy?