RE:RE:Funny : people arent selling...DoctorFouad wrote: I am pretty sure there is in "behavioral finance"" some sort of psychological explanation to what happened...the value of the company is the same, the market cap is the same, the cash is the same, same project, same fundamentals, nothing changed, just the number of shares divided through a simple 10:1 operation resulting in lesser shares but exact same value of holdings...but investors are behaving differently, as if now with less shares, each share is more valuable than before....we humans are very strange creatures...
DoctorFouad wrote: i find this funny, many shareholders were dumping their shares after the rollback announcement, and now that the rollback took effect, no one is dumping ? what is this, a kind of a joke ? actually on the ask, we have higher prices than before...it seems RRS management were right after all (but time will confirm that) : just increase the price of shares through a rollback, and dumpers will disappear...magically...
I definetely agree on that one, but I think low volume today is that many still can't trade it yet.
Also, for those who asked about updates on shares q-ty, there are usually 3 days to take RS into effect, so enjoy your 800% for 2 more days.