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Atikwa Resources Inc. V.ATK

An oil and natural gas company


TSXV:ATK - Post by User

Comment by gogetemon Jun 06, 2012 11:48am
189 Views
Post# 19985384

RE: RE: Share rollback

RE: RE: Share rollback

You're right, 9 out of 10 times the shareprice drops back to the pre-rollback price but what are they to do. With all the paper that has been issued in the last couple years , shareprices at all time lows and the extreme difficulty of raising new money the only solution for many juniors is to rollback the shares and start over again. Management keep their jobs, issue new options and shareholders get screwed

 

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