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Old 12-04-2023 | 10:10 AM
  #291  
turbojet28
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Originally Posted by dracir1
Most likely, the price will be driven down to less than $1 for a while (thereby triggering its absence from the market). Then, Indigo will profer an offer to the investment banks that hold the majority of stock to buy it all back (pennies on the dollar) - they'll sell and the company will be private again.

No more public financial records, 10-Qs, etc.

Then, they'll negotiate a new contract stating that we're losing money (without providing proof other than the recent stock price drop) and need concessions.
This is absolutely a possibility. I’m surprised they haven’t already tried this. IPO a bunch of shares at $19 and then buy them back at $4 just a couple years later.
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