RE:RE:RE:Lack of Transparency. ACB can do better.And as financial history has shown us time and time again, the share price of the company almost always tends to drift right back down towards its initial starting price over time.
In other words, if you do a 2 for 1 share reversal here and bump the share up to the $17 range temporarily, it would be back down in the $10 range within a year. The only thing is that you'll end up with half the number of shares at a marginally higher stock price.
I assume you must be a shorter of this company here.
telecaster_400 wrote:
A reverse split REDUCES outstanding shares dummy