GREY:MRRCF - Post by User
Comment by
Irie99on Nov 26, 2018 10:10pm
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Post# 29025022
RE:Still trust management
RE:Still trust managementFYI, a reverse split leads to less liquidity, there are fewer shares. It will likely lead to less volume.
you can’t just jump to a “higher” exchange. There is an application process and a series of conditions that have to be met, ie application process, volume and SP.
I do agree there is a strong team of experienced investors in place. They better re think the rev split ( if they can now that’s in the official circular). Unless they’re intentionally holding the share price down, knowing this announcement would be received with trepidation. Could be a way to expedite a takeover...