Marketable Securities Transfer (2) – Part 2

Gun-Ho continued, "That's just an example. No one knows yet how much Dyeon Korea's share would be once it goes public. We will see it for sure on the day when the company shares become available to trade in the stock market."

"Why are you saying that I should sell my shares on the first day as soon as the stock market is open?"

"How many employees purchased the company shares? Most of Dyeon Korea's and GH Mobile's employees participated in the employee stock ownership program, right? So, it would be about 500 people. Of course, some of them gave up their opportunity to own the shares, and that's how you could buy their shares."

"Yeah. I don't think it would be 500 people, but it should be at least 450 people."

"Okay, then, say the price of the share increased. Those 450 people will compete with each other to sell their shares right away, right?"

"I think so."