Rapidcreek@lemmy.world to politics @lemmy.world · 1 year agoTrump Media plunges amid plan to issue more shares. It's lost $7 billion in value since its peak.www.cbsnews.comexternal-linkmessage-square33fedilinkarrow-up11arrow-down10
arrow-up11arrow-down1external-linkTrump Media plunges amid plan to issue more shares. It's lost $7 billion in value since its peak.www.cbsnews.comRapidcreek@lemmy.world to politics @lemmy.world · 1 year agomessage-square33fedilink
minus-squaremipadaitu@lemmy.worldlinkfedilinkEnglisharrow-up0·1 year agoShould be worth negative $. It doesn’t make any money and has no way to make a positive cash flow legally.
minus-squareRapidcreek@lemmy.worldOPlinkfedilinkarrow-up0·1 year agoYeah crazy that it’s still worth $2.1 billion. But, there’s always tomorrow.
minus-squareprotist@mander.xyzlinkfedilinkEnglisharrow-up0·1 year ago“Worth” is a stretch. That’s a fully unrealized sum of money that will continue to shrink as shares are sold
minus-squareNeato@ttrpg.networklinkfedilinkEnglisharrow-up0·1 year agoI’m sure it’s worth whatever the server hardware sells for second hand.
minus-squarebillybong@lemmynsfw.comlinkfedilinkarrow-up0·1 year agoMuch less. The company has like $60m in debts and $3m in assets and lost $56m last year. You need to find a way for the company to make enough to pay off its debts before becomes worth anything.
Should be worth negative $. It doesn’t make any money and has no way to make a positive cash flow legally.
Yeah crazy that it’s still worth $2.1 billion. But, there’s always tomorrow.
“Worth” is a stretch. That’s a fully unrealized sum of money that will continue to shrink as shares are sold
I’m sure it’s worth whatever the server hardware sells for second hand.
$1.73
Much less. The company has like $60m in debts and $3m in assets and lost $56m last year. You need to find a way for the company to make enough to pay off its debts before becomes worth anything.