How much did investors lose in 16 months after Rverse Split
If you bought 10,000 shares on May 27th 2021, just at the reverse split when the price was $1.27, Today you would be at what % loss?
The Math
10,000 X $1.27 = $12,700 purchase price On May 27, 2021
Looking at your investment Today (price is $0.14)
$10,000 X 0.14 = $1400 investment’s worth, today Oct 17/2022
How much did you lose?
$12700 - $1400 = $11,300 LOSS in 16 months
In % :
($11,300 ÷ $12700) X 100 = 90% LOSS
In 16 months, the drop in price is -90%