If U invested $1000 in May 2021 Today you have only $47 leftDO THE MATH WITH ME AND IGNORE THE PUMPERS
IF YOU BOUGHT $1000 worth of shares at Reverse Split in May 2021, TODAY you will have ONLY $47 (Yes less than $50)
1. The history of this stock in numbers that don’t lie:
8 Years ago, GLD (now CHAL) was $1.35 in 2014
2. In other words, prorated to post REVERSE SPLIT X23 multiplier:
$1.35 X 23 = $31.05 prorated value to post May 25th, 2021 (Reverse Split)
3. After Reverse Split date (May 27th ) , Stock was $1.27
4. From 2014 to 2021 (Simply 7 Years): Stock lost
$1.27 - $31.05 = $-29.78 % Loss = -(29.78 ÷ 31.05) X 100 = -95.9% Loss in stock value & your investment in 9 years.
5. From May 27th 2021 to date (February 11, 2023) the stock declined from $1.27 to $0.06.
6. Loss in value & investment within 19 months as a percentage is:
$0.06 - $1.27 = - $1.21 (-1.21 ÷ $1.27) 100 = -95.3% (Loss in your investment
7. OVERALL loss of stock value in 9 YEARS to date:
$0.06 - $31.05 = - $30.99 loss As a Percent Loss: (-30.95 ÷ 31.05) X 100 = - 99.7% LOSS in stock value
8. That means an annual DROP in value of:
99.7% ÷ 8 years = - 12.45% drop in value per year
9. If you invested $1000 last on May 27, 2021) at a loss of -95.3%
TODAY you have only 100% - 95.3% = 4.7% of your investment
$1000 X 0.047 = $47
YOU LOST $1000 - $47 = $953.00