TSXV:ART.H - Post by User
Post by
FrankS1on Jan 21, 2010 1:02pm
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Post# 16704326
Reverse Split
Reverse SplitIt makes sense to do a reverse split before they start drilling. They will need plenty of cash to get this project rolling. A 1:10 rollback would allow them to raise money in thee $6-$7 range rather than diluting this up to 400 million o/s. I wouldn't want to be a bag holder if this happens.