GREY:SLKEF - Post by User
Post by
smithgeeon Feb 21, 2018 7:55pm
145 Views
Post# 27598618
Why the split is good!
Why the split is good!Some here are of the thinking all things will be equal .... here is one example:
I have 200K shares and the price is trading at say $.10 when the split happens.
I will have 400K shares trading at $.05. If the price moves up to $.06 that is a 20% gain or $4000. If the split did not happen and the price moves to $.11 that is a 10% gain or $2000.
Each penny move higher will double my gain!