$Meta Materials Inc.(MMAT)$Guys. Once the S1 filling is release. Look out for live youtube by either Terry , Roller Pigeon or Smokey. These 3 will get together to discuss on the details. Then you decide what you want to do.
Below is IMO. NFA
In my understanding as for now. Not all MMTLP holder is able to sell. Thise brokers who lend shares to Shorts using your shares might have a problem selling. Simply because they are waiting for Shorts to buy and return those shares they borrowed during the merger in June 2021
Also, each share has a 30% tax. Unless you continue to hold. Your share will be recorded in Oilco (Private Company) 1 MMTLP = 1.51 Oilco share. But how Oilco is going to pay you, I don't know for now.
So, if dividend is $30 and you sell at $30. You only gain $30 ÷ 0.7 = $21 on your dividend.
Shorts will be begging for shares to buy.
IMO: My selling price at the minimum is: 2.5 times the dividend price and pay the 30% tax from there. But will see what happen when MMTLP squeeze
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thanks for the share
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