Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Teal Valley T.TV


Primary Symbol: P.TEAL

Teal is a Canadian, pharmaceutical & NHP manufacturer selling to Canada’s national, chain drug stores, presently expanding its portfolio to include cannabinoid-based products utilizing proprietary formulations & extractions for both the global Rx & recreational markets.


P.TEAL - Post by User

Bullboard Posts
Comment by MetalRockeron May 15, 2018 4:02pm
89 Views
Post# 28035003

RE:Consolidate it 4 to 1

RE:Consolidate it 4 to 1A 10% buyback plus a 4 for 1 reverse split would bring the stock price to about $5.00 (Canadian), all things equal (current forward eps=12 cents and pps=90 cents in usd). That may make the stock more attractive to Canadian fund managers. It would still be a stretch for US fund managers since the US equivalent would make it a $4 stock.

It would take a 5 for 1 reverse split plus the 10% buyback to get the US stock price to $5. Cost of such a buyback ($76m at current prices) makes this scenario unlikely. 

A larger reverse split is needed to get the stock price to $5 usd without costing too much.

Bullboard Posts