RE:RE:RE:RE:RE:RE:Canopy hasn’t announced anything about a split Hey Yododo If canopy has 200 million shares and let's say I have 145100 shares [ just a random number ;)]. Let's say Canopy decides to issue a $1.00 dividend/share. That would give me $145,100........yes? now lets say before the dividend, canopy does a 2 for 1 stock split bringing total share count to 400 million and my shares to 290,200. Now let's say Canopy decides to issue a dividend of 0.50 cents/share. That would give me $145,100......yes? Canopy didn't use any more money to issue the dividend after the stock split did they????? Perhaps your so old your losing your cognitive abilities ........................................,............................................. Full disclosure........some numbers in this post were simplified so that Yododo can understand and were used for illustrative purposes only.
YodaLayhehoo wrote: INVSTIGAT0R wrote: I think another good reason for the split in terms on attracting investors is it will decrease volatility. WEED currently has the most violent swings. I'm sure there are a lot of investors that get scared away seeing $48 quickly turn into $36 in less than a week, meanwhile they're see Aurora or Aphria go from $10 to $9 and $13 to $11 which doesn't seem so scary in comparison. Less volatility and a cheaper share price will open us up to many more novice buyers. If I was voting I think I'd likely vote for a 2:1 because again novice investors might not like the share structure of a 3:1 split and might fall victim to the term "dilution" incorrectly. People like Yoda have already demonstrated they don't understand dilution and make the pitiful incorrect assumption that an increase in sharecount automatically implies a decrease in value.
Randomly saw this and have to correct you. A stock split doesn't result in dilution as you'd receive double your shares. But what it does do is puts the nail in the coffin for this company ever paying a decent dividend in the future. Maybe you better educate yourself before posting. My first stock split may have been before you were born. Maybe you can explain how Canopy can ever pay a dividend on 500-600 million shares? GL I was going to lay off here for a while but you've gotten my fire lit again. This thing is in pre death spiral mode. A stock split is a desperate attempt to fool investor that won't fool the institutions that will be dumping shares all over your head as you cringe in a corner saying what have I done yoda was right.