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Claren Energy Corp V.CEN.H

Alternate Symbol(s):  CNENF

Claren Energy Corp. is a Canada-based company. The Company's principal business was the acquisition and exploration of petroleum and natural gas properties.


TSXV:CEN.H - Post by User

Post by Burnermanon Nov 11, 2017 8:11am
492 Views
Post# 26944599

Reverse split

Reverse split If I’m reading it right it looks like a polite way of saying it’s a 10-1 reverse split. Reverse splits rarely work. TD shows shares outstanding at 59.4 million. This should be lowered to 5.94 million after the split. If they issue more afterwards it will dilute the stock and again the shareholder who entrusted their hard earned money in this company gets screwed. Should have gotten out before the last drop.  GLTA
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