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by rdlecler1
3876 days ago
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Yes possible. It's possible my $2 lottery ticket will also be worth $100m but until it is, it is still worth only $2 or maybe even less. Until then the value of each share class is not the same and so it would be a mathematical mistake to calculate valuation as the sum of all shares multiplied by the highest price paid for the most senior share class. |
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