Re:SoftBank said to be trying to buy a big stake in Uber at ...
by IncRnd on Monday November 27, 2017 @08:23PM
(#15793450)
> Softbank are looking to buy shares at this lower valuation since they are a different class of share to what they would get otherwise
That is a distinction without a difference. What matters is the perception of the purchase, which very well may drive Uber's price up or down. The size of the purchase often is the determining factor, as large purchases establish price. This is a similar mechanism as prices returning to earlier levels after a stock split.
That is a distinction without a difference. What matters is the perception of the purchase, which very well may drive Uber's price up or down. The size of the purchase often is the determining factor, as large purchases establish price. This is a similar mechanism as prices returning to earlier levels after a stock split.