okay so here is some bizarre math:
50.00=.70% of t-mobile stock | 50x.30=15.00
so %1=65.00 | meaning if you bought [6,500.00] worth of stock you would [theoretically] own 100% of the companies shares.
-of course i doubt that t-mobile could be bought for such little value. but if you ever want to call them and offer that, explaining the math behind it, it would be THOROUGHLY hilarious.
and if i am off by a decimal place [my own account shows that number], just take 65 and add 3 zeroes.
i would guess that may be saying that $6500 is equal to %100 of one single share in the company. if that is the case then 100% of the tmobile company atm would cost $650,000 for version 1 and $6.5mil for version 2.
basically t-mobile as a company RIGHT NOW is either worth a little over $600k or $6mil.
since my share is .7 it is only 70% of 1% of a 100% that would be 1% of the entire company. usually smart companies have their highest employees and creators [as well as the founder(s) known as "chairmen" - original term NOT sexist] own a considerable amount of the company stock. usually majority shares. the rest get divided out.
remember that scene in "fantasia" where mickey mouse chopped up the broom into pieces? that is the 100% of FULL shares. now remember when the broom pieces formed more brooms that were then also chopped up? that represents the 100% that makes up each 1% of the first 100%.
the simplest way to describe this is you have 5 apples. all 5 make a single COLLECTION of apples.
now you cut each apple into 5 slices. you now have 5 apples cut into 5 pieces, making 25 pieces of apple.
but all of the pieces are still part of the COLLECTION of the ORIGINAL 5 apples.
that is stocks in a nutshell [great now i want trail mix. someone get me some m&ms].
the math above [with 65.00/650.00 representing 1%] is but a single apple slice. to get an entire apple one must collect 100 of that 1% [making 6500/65,000 equal to the ENTIRE apple].
but even with this you still need FOUR MORE APPLES before you have the entire collection of apples. also, isnt "apples" fun to say? go ahead and say it a couple times. fun, right? now hold your tong in your fingers and say "apples" again. ha.
to get the rest of the "apples" you would need 100 of that previous 100% [6500/65,000] or in other words, $650,000/6,500,000.
in other words at this point and time [june 28, 2019] one could buy ALL of t-mobiles stock and thus gain complete control over the company if they had a little over 650k/6.5mil in cash. it is LITERALLY what their companies net worth currently is at the moment [give or take a few thousand due to some minor rounding up].
