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17. Jun. 2020 14:08

Graf Industrial Corp $GRAF 52WH on P&G Speculations Long

Beschreibung

GRAF is on the move this week on speculations that this SPAC will be merging with P&G spinoff PureCycle, which is a Plastics Recycling startup


This is a higly interesting very high risk play as the merger may very well not come to fruition.

Also look into yesterdays development on the regulatory side:

"Plastics recycling bill introduced to Congress"

To provide for a coordinated Federal program to accelerate
plastics waste reduction and support recycling research
and development for the economic and national security
of the United States, and for other purposes.

Trade geschlossen: Ziel wurde erreicht

The rumored merger with Purecycle did indeed turn not not to become a reality, as markets have now learned that GRAF will be merging with Lidar producer Velodyne instead!
Kommentare
options411
you are dumb mate , what are you even talking about .
gregoryfscelzi
@options411, what are your thoughts on this stock? I might buy some.
syed2560
You have no idea what is SPAC merger for GRAP is. Atleast go through the facts then try to publish your idea... Not good.
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