RE: Invested but concerned20 Jan 2021 15:49
Why would Amazon / eBay / Walmart /Take_Your_Pick be circling / quietly building a stake before the bidding war starts. These companies have a business model that is as a variation of just in time, and hold minimum stock (to monitise). I am troubled by accounting treatments and SYME s assertion it's a great idea, the stock remains in the clients warehore and is transferred to syme though token exchange and is bought back later, and does not appear as debt on the balance sheet. . It may not be debt as is a secured loan against the stock, but the token has to be repayed in future, and is therefore a commitment that must go on the accounts. This is s very complex financial instrument, idea is simple but accounting treatments is complex.