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Neovasc Inc. NVCN

Neovasc Inc is a specialty medical device company. It develops, manufactures and markets products for the rapidly growing cardiovascular marketplace. Its products the Neovasc Reducer (Reducer), for the treatment of refractory angina, which is not currently commercially available in the United States and has been commercially available in Europe since 2015, and the Tiara, for the transcatheter treatment of mitral valve disease, which is under clinical investigation in the United States, Canada, Israel and Europe. The company earns revenue from one source, the Reducer.


NDAQ:NVCN - Post by User

Comment by Barewoodon May 23, 2018 4:14pm
139 Views
Post# 28071622

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:The split is on the table

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:The split is on the tableMontrose, what ever the market price of your holdings are at the the time of the consolidation regardless of the amont of shares, will remain the same. So say you bought 10,000 shares at 0.10 that would mean your Book amount will be 1000.00 plus commissions paid, which is reflected on your account, but lets say the price drops to 0.06; your book amount remains the same book your market price will be reflected as 600.00. So, now the consolidation goes through at 10 for 1. You now own 1000 shares at 0.60 giving you a market price of 600.00 and a book price at 1000.00. The book amount is what you pay and the market amount is reflected in the current market price, nothing changes.
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