Almonty Industries Inc T.AII

Reverse stock split?

[Tungride]

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

[whoisyourpapa]

Liquidity is already a major problem with this stock a reverse split would only make it worse.  Just my thoughts. . . whois

[Tungride]

I'm definitely not saying your wrong whois, but that seems counterintuitive. Based on the piddly volume we see, it seems there is a demand problem for our shares. My thought was that if the shares become available to large buyers outside of the insider crew and us long-term holders, then demand goes up and the share price does too very quickly. To clarify, your thought is the float is too

[lonade]

the "problem" with Almonty is that most stockholders simply know what this will be worth and are not selling the stock. on one side it's a curse, but on the other it reflects the strong fundamentals of the company. i have never seen this so extrem as here. nobody wants to part with their shares at these prices; hence the low volume  just look at the asx ipo; it appears we have

[Tungride]

I appreciate the comments from you guys. I consider your opinions in high regard around here! Cheers

[TechOne]

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