In terms of US dollar value, the Indian penny stock went from $0.042 cents to $1915 over 5 days. Or if some Indian trader had a $1000 USD then it would have hit a peak of $47.8 million USD on the book value.
A very important article written by an investment analyst that explains why the West missed China's rapid industrialization in recent years, as epitomized by China's auto industry - have a cup of coffee and read the whole thing, it's well worth it.
In terms of US dollar value, the Indian penny stock went from $0.042 cents to $1915 over 5 days. Or if some Indian trader had a $1000 USD then it would have hit a peak of $47.8 million USD on the book value.
Selcuk Bayraktar, Erdogan's son-in-law is gonna build a drone plant near Kiev.Since the escalation of the conflict between Moscow and Kiev in 2022, Türkiye has maintained close ties with Moscow and has repeatedly called for a diplomatic solution, offering to mediate peace efforts. However, Ankara has also been providing Kiev with essential military hardware, such as Bayraktar drones. Turkish defense company Baykar earlier this year started building a drone factory near Kiev, while another Turkish firm, Repkon, has supplied equipment to a US factory in Texas that produces munitions for Kiev’s army.
“Regrettably, Ankara continues its military-technical cooperation with the Kiev regime. Türkish weapons are being used by the Ukrainian Armed Forces to kill Russian soldiers and civilians,” Lavrov said in his interview, noting that the situation is “perplexing in light of the Türkish leadership’s statements of readiness to offer mediation services.”
This technically happens a lot for private companies, if you start a new company, issue 1 million shares, then get your friends or family to give you $100 for 1 share, you can technically claim your company is now worth $100M. In reality you'll never be able to unload all your shares at that price so it's meaningless. For this to happen on the public stock exchange might mean there's something seriously wrong with the stock exchange.New GameStop?
I think nobody outside of Turkey likes Erdogan.Erdogan and Turkey is still playing two-faced games with Russia.
Selcuk Bayraktar, Erdogan's son-in-law is gonna build a drone plant near Kiev.
Erdogan had also recently pushed for cooperation between Repkon and the German defence industry. I thought Erdogan had "issues" Germany and the West in general?
Erdogan. Extending a hand out to Russia in friendship, and then backstabbing it when it's back is turned. Same with China and Palestine. Dunno how people are still so passionately defending Erdogan as this "good guy" that is holding back the tide of the pro-West forces in his nation. If they take over Turkey anyway, at least Turkey would become an honest enemy, and not this two-faced backstabber.