@[email protected] to politics @lemmy.world • 3 months agoTrump Media plunges amid plan to issue more shares. It's lost $7 billion in value since its peak.www.cbsnews.commessage-square36fedilinkarrow-up1205
arrow-up1205external-linkTrump Media plunges amid plan to issue more shares. It's lost $7 billion in value since its peak.www.cbsnews.com@[email protected] to politics @lemmy.world • 3 months agomessage-square36fedilink
minus-square@[email protected]linkfedilinkEnglish52•3 months agoShould be worth negative $. It doesn’t make any money and has no way to make a positive cash flow legally.
minus-square@[email protected]OPlinkfedilink20•3 months agoYeah crazy that it’s still worth $2.1 billion. But, there’s always tomorrow.
minus-square@[email protected]linkfedilinkEnglish18•3 months ago“Worth” is a stretch. That’s a fully unrealized sum of money that will continue to shrink as shares are sold
minus-squareNeatolinkfedilinkEnglish9•3 months agoI’m sure it’s worth whatever the server hardware sells for second hand.
minus-square@billybonglink6•3 months 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.
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.
$1.73