RE:Reverse stock split?I have owned and still own a lot of stocks that have gone through reverse split.. Without exception, it does not help and the share price declin a lot more then the reverse ratio.
If there are no other catalysts to drive the share price up .. i.e. a sudden price hike of the commodities, dramatic increase in the revenue etc. reverse split is not going to help at all..
I agree with the senitment that trading volume is low because folks who know the story do not want to part with their shares.. For now, all we can hope for is a steady construction progress and hopefully demand for shares as we get closer..
FWIW.. No plans to trade or sell my shares for 2-3 years unless something unexpected happens in my personal position.