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Almonty Industries Inc T.AII

Alternate Symbol(s):  ALMTF

Metals & Mining Industrial Metals & Minerals
Almonty Industries Inc. is engaged in the mining, processing and shipping of tungsten concentrate from its Los Santos tungsten mine located near Salamanca, Spain, the processing and shipping of tungsten concentrate from its Panasqueira tin and tungsten mine in Covilha, Castelo Branco, Portugal, the evaluation of its Valtreixal tin and tungsten mine project located in Western Spain, as well as the evaluation and expected re-opening of its Sangdong tungsten mine project located in South Korea.


TSX:AII - Post by User

Almonty Industries Inc > Reverse stock split?
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Post by Tungrideon Sep 03, 2021 5:42pm
261 Views
Post# 33813425

Reverse stock split?

Reverse stock split?Just a thought I'm having today. Considering institutional investors often need a share price to be above a set threshold, does it make sense for Almonty to do a reverse stock split and get the price up around $5-10?
What would be the cons against this?
The pros seem obvious.

Cheers
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