this post was submitted on 16 Feb 2024
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Could they even sell if nobody is buying?
if the company isn't publicly traded they can't always sell even if they want to
It would be bought. That's how stocks work. If there is a promising company, there will be interested buyers.
Well, penny stocks exist. It's possible that Tencent suddenly liquidating their 30% share could bottom out the share value temporarily. If the market decided that Tencent liquidating their holdings was a sign that the company was going under, that should drive the price down, correct?
Excuse me?
Clearly yours is because that's not a normal response to someone asking a reasonable question.
How can you sell something if no-one is buying?
Please stay civil