TurtleBK
5 years ago
So LTRPA (73M shares, 1x voting power, 1x equity value) and LTRPB (2.9M shares, 10x voting power, 1x equity value) equal 23% equity stake in TRIP and 58% voting power in TRIP.
TRIP market cap is $2.28Bn.
Seems to be some wild dynamics here, but looking at history and ignoring the B shares' independent volatility, A shares should be at least $4 with TRIP trading at $21 AH today.
But seriously I've heard some people saying this is a $10+ runner. Just want to do some group thinking first
•{O}