TSXV:BMX.B - Post by User
Comment by
hawkowl1on Jun 28, 2011 1:18pm
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Post# 18774725
RE: the positive and the negatives
RE: the positive and the negativesIn regards to speculation of this reverse split the stumbling block might be on the B shares?
They are trading at $4.80 and IMO those shareholders would not benefit at all with current rules of conversion.
Only the A shares can be split.
If a conversion is truly in the works the B shares would be trading closer to $10.