RE: Tiktok1 Aug 2020 08:31
Not sure. WSL put seed funds of £1M in I think about May last year when Bytedance were trading at a loss. Now they are trading at multi Billion profit. Prob is we don't know the numbers of shares, but whatever, if tictock is purchased, even the US wing, our numbers will likely multiply in normal circs 50X. You could class this as a slightly distressed sale, if a sale takes place, so even if we say 30X our investment value then WSL MCAP going through the roof. IMHO DYOR. This is high risk.....high reward and not for beginner investors. The money you put in is money you need to be able to and be willing to lose. Yip Microsoft in discussion and while Trump says he won't support a purchase, it not up to him. If Bill Gates sees merit, which there is tons of, problem sorted. US gets boost to its economy, US users get to continue....win....win. But please......this is high risk......high reward. Don't put the farm, wife or kids on this.