The APE dividend is coming as a 1:1 non-dilutive "split". Every single one of the roughly 500million shares will receive 1 $APE, priced at 0.01$.
What if, let's say YOU hold 1000 shares of AMC. Later this month the dividend will be distributed and you surprisingly only receive 300 $APE.
Where are the remaining 700 $APE shares? Is it possible that you only held fugazi shares that looked like real ones? Where would the missing $APE shares come from?
Would your broker buy them back at market price to provide for the missing shares? What would that mean for the price of $APE? Who would be accountable of such a mess?
And what if they try to provide those missing shares, only to realise that the price of $APE has exceeded the thousands?
What if someone already knows about this and decides to cover the shorts before the dividend is distributed to avoid being proven guilty?
What if?
What if, let's say YOU hold 1000 shares of AMC. Later this month the dividend will be distributed and you surprisingly only receive 300 $APE.
Where are the remaining 700 $APE shares? Is it possible that you only held fugazi shares that looked like real ones? Where would the missing $APE shares come from?
Would your broker buy them back at market price to provide for the missing shares? What would that mean for the price of $APE? Who would be accountable of such a mess?
And what if they try to provide those missing shares, only to realise that the price of $APE has exceeded the thousands?
What if someone already knows about this and decides to cover the shorts before the dividend is distributed to avoid being proven guilty?
What if?
