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Looks like falling below $10-00 now, not too sure what the future financials are going forward?
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A snippet from John Ryders global Investment letter re SPAC"S. Alot of fees ripped out
"The Harvard Law School Forum on Corporate Governance has released a paper in which the authors found that although SPACs issue shares for roughly $10 and value their shares at $10 when they merge, by the time of the merger the median SPAC holds cash of just $6.67 per share."
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Currently have 500 shares, no doubt this will fall below $10 now that we've de-SPAC'ed. I'll be loading up on 500 more shares. My favourite SPAC alongside Avepoint, Lucid Motors & Hyliion.
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Nasdaq launch Thurs 1.30am NZ.6,000 plus kiwi investors,good luck for the listing.
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Member
So purchase VACQ stock before 25 Aug and then it converts on listing of RKLB, is that right?
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Dont know if you have enough time or not .im not a holder and dislike SPAC 's,too many snouts in the trough.
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![Quote](images/misc/quote_icon.png) Originally Posted by Fred114
So purchase VACQ stock before 25 Aug and then it converts on listing of RKLB, is that right?
well I hope so or I’ve stuffed up
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Member
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![Quote](images/misc/quote_icon.png) Originally Posted by RupertBear
well I hope so or I’ve stuffed up ![Grin](images/smilies/smile2grin.gif)
As long as you guys got VACQ and not VACQW (warrants) your shares will change ticker symbol tomorrow morning.
Max tendies for you but mostly for me
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Member
RKLB down 10%, makes my US portfolio look shabby. I should have listened to the voice of reason that reads: "dislike SPAC 's, too many snouts in the trough". Thank goodness for pie funds, people who actually know how to make money. Of course the theory is that I load up on more of RKLB at this price. Your thoughts?
Currently hold around USD10K spread among NYSE: ETN (a utility), VECCO, LSCC (obscure semiconductors) WFC, JPM, (Banks) AAPL. Tips from https://kratistoinvesting.blogspot.com/, who had nothing to say about RKLB
Last edited by Fred114; 26-08-2021 at 09:42 AM.
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