GREY:BLKCF - Post by User
Post by
beauti1on Feb 23, 2018 12:10pm
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Post# 27609793
What I don't understand
What I don't understandMy understanding of stock split is that it usually happens when the share price is very high so that it would be harder for a lot of people to purchase such stock, eventhough they know the company is heathy and profitable. What I don't understand is BLOC's management for the reasoning of split.
"Management of the Company believes that the stock split will make the stock more attractive to a larger portion of the investing community."
Can someone enlighten me with their reasoning???