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๐ŸŽ‰ AIR 21 - Divyank Gupta!

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๐ŸŽ‰ AIR 21 - Divyank Gupta!

๐Ÿ‘‰๐Ÿป Student of ConvertIAS for last 3 Years! (Unlimited GS+Essay Evaluation 2022,2023 & 2024)

๐Ÿ† First Rank : AIR 357
๐Ÿ† This Year : AIR 21

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Convert IAS Mains Answers Evaluation& 33; Telegram | DID YOU KNOW?

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Telegram Be The Next Best SPAC

I have no inside knowledge of a potential stock listing of the popular anti-Whatsapp messaging app, Telegram. But I know this much, judging by most people I talk to, especially crypto investors, if Telegram ever went public, people would gobble it up. I know I would. Iโ€™m waiting for it. So is Sergei Sergienko, who claims he owns $800,000 of Telegramโ€™s pre-initial coin offering (ICO) tokens. โ€œIf Telegram does a SPAC IPO, there would be demand for this issue. It would probably outstrip the interest we saw during the ICO. Why? Because as of right now Telegram looks like a liberal application that can accept anyone - right after WhatsApp and others have turn on the censorship,โ€ he says.

However, analysts are positive on the stock now. โ€œWe have seen a huge downside movement in the stock due to the central electricity regulatory commissionโ€™s (CERC) order that seems to be negative from 2014-15 onwards but we cannot take a linear negative view on the stock and further downside movement on the stock is unlikely. Currently stock is underpriced. Investors can bet on it for a longer horizon," said Vivek Gupta, director research at CapitalVia Global Research.

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