An outtake from the DTCC Clearnet PR;
"DTCC will acquire 100% of the ordinary shares in LCH.Clearnet. The transaction will result in LCH.Clearnet shareholders receiving total consideration of up to €10 a share. The consideration will comprise: DTCC voting shares; shares in the vehicle acquiring LCH.Clearnet, which carry rights to receive LCH.Clearnet future profits available for distribution for up to three years; and a pre-closing special dividend from LCH.Clearnet. On the basis of €10 a share, the approximate implied equity value of LCH.Clearnet would be €739m.
Assuming no changes in share count, the total number of new DTCC voting shares issued to LCH.Clearnet shareholders will be 12,186, representing 34% of DTCC's enlarged share capital."
Comment; now we see that the DTCC is concerned about Supply. This acquisition of Clearnet, is based on the DTCC owning all the shares......do yo think that the DTCC wants to buy more than ALL the legal float.....?
Of course not.
Supply is the root of the game, the DTCC knows this and yet somehow across all other public companies they seem to be facilitating a scam against everyone by continually allowing more shares to be printed in trading day to day, than the legal authorized amounts issued and outstanding.
The outtake includes "Assuming no changes in share count".......
think about it, everyday investors are subjected to the routine of synthetic supply.....where Valuation is only derivable from a fixed constant float at beginning and end of life according to the whims of host systems.
All Security laws are aligned to the rules governing stock issuance, and yet.....all investors are being routinely subjected to Desking operations, that never locate; disconnecting adjudication of a trade floats relative constant, supply.
We have no market prices, because we have no adjudication of the players with respect to the limitations imposed by the laws governing stock issuance....the Supply;
Supply is what is priced in a free and fair market, when supply is extrapolated by fiat of hierarchal systems to purpose self interest, you arrive where we are now.
Its not the free market but the hierachies entrusted to its administration; that have compromised the business of investing. |
