$Mullen Automotive (MULN.US)$ historical high is 27,000,000....
$Mullen Automotive(MULN.US$ historical high is 27,000,000. 👀👀
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
I share news on meme stocks. Information provided on this channel is not intended to be investment or financial advice.
111Followers
14Following
859Visitors
Follow
♤方展博♤ : 27 million a share...
FANCY PANTS : This is a common misconception. That price is from Net Element, which Mullen aquired. Mullen took over in October 2021. That price is still high as well, but it's really more of a testament to how much dilution this stock has gone through.
TheApeInvestorOP FANCY PANTS: Yeah that’s wild. Either way I know they diluted a lot. Hopefully they are done soon.
FANCY PANTS TheApeInvestorOP: Unfortunately I think it is likely to continue. Even accounting for the pending revenue from sales, it just isn't enough to keep up with their cash burn and interest payments.
Piggy Bank Trader : Something like a 6400 per share losss