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Bullboard - Stock Discussion Forum Spectra7 Microsystems Inc V.SEV

Alternate Symbol(s):  SPVNF

Spectra7 Microsystems Inc. is an analog semiconductor company. The Company delivers analog semiconductors at a bandwidth, speed and resolution to enable disruptive industrial design for electronics manufacturers in virtual reality (VR), augmented reality (AR), mixed reality, data centers and other connectivity markets. It creates silicon products that enable copper cables to be longer, thinner,... see more

TSXV:SEV - Post Discussion

Spectra7 Microsystems Inc > The Upcoming Revers Split Will Likely
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Post by tradersam99 on May 28, 2021 11:59pm

The Upcoming Revers Split Will Likely

initially cause the price to decline, maybe by 50%, which is typlical, but then it also allow for the Company to show a per-share profit in the second half of the year.

Depends on if they decide on a 10 for 1 or a 100 for 1. A 10 for 1 split will not raise the price high enough fro U.S. investment funds to jump in (at least not the major ones), but if they go for a 100 for 1 split, they will see an influx of new investment dollars from funds that could easily buy the whole darn company outright if they wanted to.

I'm guessing a 100 for 1 will be the preferred choice. I guess we'll find out on June 18th (or thereabouts).

I myself am happy for it. It high time this gem of a company gets noticed in the U.S. by all the gazzilion-dollar funds lookinh to pounce on the next big tech thing...
Comment by tradersam99 on May 29, 2021 2:38am
Oh, and, just to be clear, the 50% decline I mentioned will be VERY short-lived, if it happens at all. Don't start thinking you'll be able to grab all you want on the cheap now!
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