bearish
Seizing a Trading Opportunity Aimed at HMM's New Stock Listing Date
777 Views27 Sep 2023 07:41
This post explores a trading opportunity centered around HMM's upcoming new stock listing date, which will likely be the 16th of the next month.
Boomeranged on Mon, 30 Oct 2023 14:05
The disclosure confirms HMM's 200M new shares will list on November 10th, derived from the conversion of KDB and KOBC's BW/CB holdings. The listing was delayed by a month due to their last-minute conversion. With market conditions deteriorating, we will likely see a significant downward movement in the price on the listing day with a 30% share dilution rate, necessitating a proactive setup.
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