Invictus MD Strategies Corp IVITF

Invictus MD Strategies Corp is a cannabis company with a focus on the Canadian cannabis space, offering a selection of products under a wide range of cannabinoid profiles that fit the demand of the company's medical clients and retail customers. Its wholly-owned subsidiary's Phase I and Phase II facilities are in full production. The company's 50% owned subsidiary has completed its Phase II expansion and received its amended license from Health Canada. Another of its wholly owned subsidiary, connects medical clients to physicians for medical cannabis.

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Invictus MD Strategies Corp > Wait For The Split

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Comment by chris579457on Jan 17, 2019 5:48pm

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Post# 29248461

RE:RE:Wait For The Split

In my opinion on the transaction day or the last day of the traiding before the split of the stock 7 to 1 , the price of the stock is multiplyed by 7

So say you have 10 000 shares

It splits 7 for 1 so you have 1428 shares now. but the price of the share wil go up 7 times ?

10000 shares
if the last day of traiding was at 1.20 then the next day you have 1.20 x 7 x 1428 = 11995.20
if the last day of traiding was 0.90 then the next day you have 0.90 x 7 x 1428 = 8996.40

Please correct me if I am wrong ,

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