Nuvo Pharmaceuticals Inc NRIFF

Look at it this way

[blackascanbe]

Once this is listed on a U.S. exchange regardless of whether the reverse split is 1 for 2 or 1 for 40 the institutional investors will value this company on sales and earnings growth rates and the company's pipeline. The institutional investor isn't like the retail investor saying to themselves well the market is .18 to .19 so I'll see if I can get it at .185. The institutional investor will say, what is this company worth and if they decide that a company like this should be valued at 600 million or $1.50 per share, they will buy it hand over fist until it gets to at least a buck. It could move that fast, it is amazing how  these things can move once the right catalyst is in place. So even if it drifts to 10 cents it won't matter other than to those who bought or sold at these levels. The buyers will look back fondly on the days when Nuvo drifted to ridiculous levels, the sellers will kick themselves, hard, and those sitting on the sidelines waiting to see what happens, will either breathe a (sigh or gasp) of relief as the case may be while there will be others who will say I shoulda, woulda, coulda bought more.