Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Bullboard - Stock Discussion Forum DIL:CA V.DIL

TSXV:DIL - Post Discussion

DIL:CA > Why would they need
View:
Post by drilltip1 on May 11, 2011 8:23am

Why would they need

to reduce the float so much, if I got it right there will under 4 million shares out there, if so why what's the advantage of this. I sure hope this doesn't crash back down to a nickel post split but without follow up news I think it will but I'm still in.
Comment by 8CHPL on May 11, 2011 11:26am
A 10 -1 rollback results in fewer shares on the  market. This is what Bay Street like for future rounds of financing. So this adds to what a CEO wants, but this rollback adds NO value to the company. It is up to the share holders to vote and approve this, and that is what has happened.  The best time for a rollback is when both volume and price are in a well established ...more  
Comment by BC4Forest on May 12, 2011 1:16am
SURE like to see what they are up to since I bought a whack of these shares.bc4f
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities