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Silk Energy Ltd SLKEF

Silk Energy Limited is a Canada-based resource company. The Company acquires undervalued oil and gas assets in Kazakhstan. The Company, through its subsidiaries, owns a 50% interest in the KMG Ustyurt license (Ustyurt). The Company focuses on exploring and developing Ustyurt, an onshore oil and gas concession comprising approximately 6,500 square kilometers in the Caspian Sea region of the Republic of Kazakhstan.


GREY:SLKEF - Post by User

Comment by divot111on Feb 20, 2018 3:57pm
45 Views
Post# 27589749

RE:RE:RE:large bids building.

RE:RE:RE:large bids building. The day the split happens your shares will be automatically worth half of what they were the day before ( yet to be determined) but you will have twice as many. Same as how a reverse split works only opposite. Grade 2 math. Some will continue to try and convince you you are doubling your money though. What will be doubling is the amount of outstanding shares. Yes increasing the number of outstanding shares is dilution.
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