How do they plan to "indirectly own more than 50% of the shares in both units " and still be in control? Are they going to have different management and everything? Is it going to be like BAM?
It just means jd will own 50% of the shares outstanding and not much has been said regarding the management side. If you click on the hyperlink in that section it should bring up an article
Great write up Wes. I especially like your checklist, great things to look for when analyzing a company.
Thanks I appreciate the kind words. It’s my favourite too as it helps put things into perspective
How do they plan to "indirectly own more than 50% of the shares in both units " and still be in control? Are they going to have different management and everything? Is it going to be like BAM?
It just means jd will own 50% of the shares outstanding and not much has been said regarding the management side. If you click on the hyperlink in that section it should bring up an article
Great read as always Wes! Didn’t realise that’s what JD stood for even after all these years, super detailed 👏
Thanks I appreciate it. To be honest a lot of people say the same thing. I think their name is pretty cool as well
Well done, Wes! Very structured and easy to follow👍 Can‘t believe that Chinese giants are on a mega sale just because of the China factor.