Silk Energy Ltd SLKEF

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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.

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Silk Energy Ltd > large bids building.

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Comment by Rhinoballzon Feb 20, 2018 4:08pm

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Post# 27589857

RE:RE:RE:RE:RE:RE:large bids building.

"A forward stock split can add to the number of stocks you own, but it does not increase your investment value. When a company issues a stock split, those who already own stock in the company end up with more stock without making additional investments. If a company issues one share for each outstanding share, then the number of shares doubles, and this is called a 2-for-1 stock split. Because nothing has happened to increase the company’s value, the effect of doubling the number of shares reduces the stock price to half and keeps the company’s value the same. In another example, if a company announces two shares per share outstanding in a 3-for-1 stock split, each share value would fall to a third to keep the company’s value the same."

*The point here is if you believe in this company, in the long run, you will benefit eventually.

RB
(https://finance.zacks.com/forward-stock-split-3160.html)

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