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old fat and filthy rich

01/28/25 4:32 PM

#19311 RE: JALEB #19310

.001 is par value not the purchase price😎
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DavidLeeRoth

01/28/25 4:35 PM

#19312 RE: JALEB #19310

The "par value" of a stock is the nominal or face value assigned to a share of stock by a company when it is issued, essentially representing the minimum price at which the stock can be sold, as stated in the corporate charter; although usually set at a low amount, it often bears little relation to the actual market value of the stock itself.

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