$Altimeter Growth Corp.(AGC)$For investors / traders of AGC, do take note of shares releases from July. Current number of AGC SPAC shares is low compared to what's going to be freed.
Fm now till July, I'd expect AGC share prices to have volatile swings but will unlikely go below $10, the SPAC IPO price(?). This is also the PIPE price & unfortunately doesn't provide a higher base price support (unlike other SPACs with PIPE at $15).
If prices should go up a lot, do note that fm Jul, there'll be a huge multiple of shares which may flood the mkt. The higher the price, the stronger would be the temptation by Grab employees to take profit.
Just sharing my thoughts which are usually NOT correct. In the meantime, let's continue to enjoy the price swings of AGC. [鬼脸]
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