HOLLYWOOD STOCK EXCHANGE
THE ENTERTAINMENT MARKET
THE ENTERTAINMENT MARKET
Quick question about cashing out
It says in the glossary that:
"A MovieStock is cashed out at H$1 to $1 million equal to the movie's domestic box-office gross"
So does that mean that if a movie makes, lets say $100M, then you would get H$100 for each share? Meaning if you had 50 shares you would get H$5000 when it delist, right?
If so then my other question is let's say the value of the stock I own is H$10000 before it delists. Well when it delists would I get the 10000 AND the 5000 it cashed out at or only the 5000?
Quick question about cashing out Feb 03, 19:28
Yes & Only the 5k. Welcome to the game! Join a league and ask many more good questions! :) {nm} Feb 03, 20:28
Hmm, why let it delist then? Feb 03, 21:29
terribly rushed answer inside Feb 03, 21:58
See inside for an alternative way of phrasing the answer. Feb 04, 11:08
Thanks for the help guys! {nm} Feb 04, 21:13