GREY:VDQSF - Post by User
Post by
blueboyon Dec 04, 2016 12:20pm
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Post# 25552159
If VP is doing a reverse split on Dec, there had better be..
If VP is doing a reverse split on Dec, there had better be..
some good news issued at the same time. Otherwise, moving the new share price up to around 0.88 (1 for 4 reverse split) will only give VP shares lots more room to decline. Besides, if they are going to do a reverse split, they should have done 5 for 1 to at least get the new share price over $1 - many investors will not buy a stock that is priced at less than a dollar (or they can't, based on their company's or fund's rules)
Weird move on VP's part, in my opinion
BB