Implies 54% upside from current prices
One thing I will add — we have seen 20M+ shares of $GRAB traded on the dark pool over the past few days, 13M were traded yesterday.
Banks trade on dark pools to execute large transactions privately and minimize their market impact to avoiding price fluctuations.
Basically, they trade on the dark pool when they don’t want the general public to know if they are buying/selling in large quantities.
We don’t know if these $GRAB shares were bought or sold on the dark pool, but given the current valuation, my bet is that they are being acquired via the dark pool.
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