Like exercising options.
So, the individual/firm took delivery here.
Why does this impact the valuation, cause its only solidifies company’s value.
We all would like to have more of something (at a lower value) when we have seen it increase in value.
This is a positive for all the valuation estimates we all have. Performance has been compelling enough for someone to exercise such an option.
Let me know if anyone thinks I am wrong in my understanding.
Disc. Invested.
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