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Global UAV Technologies Ltd C.UAV

Alternate Symbol(s):  YRLLF

Global UAV Technologies Ltd. is a diversified, vertically integrated drone technology company within the commercial Unmanned Aerial Vehicle (UAV) sector. The Company, through its wholly owned subsidiaries, provides a full range of UAV-based services and products, including production, research and design of professional grade UAV’s, geophysics and remote sensing survey services, and regulatory consulting and management. The Company's subsidiaries include Pioneer Aerial Surveys Ltd., High Eye Aerial Imaging In., UAV Regulatory Services Ltd, and NOVAerial Robotics Ltd.


CSE:UAV - Post by User

Post by bayoubuckson Jul 03, 2018 1:16pm
224 Views
Post# 28262974

reverse split

reverse splitOne reason for a reverse split is to get the price of the stock above a level required for a listing on other than the venture xchg.
The point you guys are missing is this.  The price of a stock is a function of earnings otherwise known as the PE, price to earning ratio.
If you have half as many shares as before the split, then your earnings will be twice as much.  
Example:  1 million shares
                  $1 million in earnings
                  EPS = $1
                  PE = 15x
                  Share price = 15x$1=$15

                 500,000 shares after 1 for 2 reverse split
                 $1 million in earnings
                 EPS = $2
                 PE = 15x
                 Share price = 15x$2=$30

So, no difference in your value.  1 share @ $30 or 2 shares @ $15


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