✅ Can Mike Play In the Cash Tournament With Shares?
In the shareholder poker tournament everyone puts in $20 and then first, second, and third win some money. Mike would like to enter the tournament using shares (based on the fair market value™, rounded up, so tonight that would be five shares).
So whoever took first place would win slightly less cash than usual but get all the shares. If Mike wins any cash he will be required to use that money buying back as many shares as he can from the market (thus raising the stock price, and everyone's net worth).
i mean, this is easy to do. i will just keep betting with money.