GREY:GDPEF - Post by User
Comment by
damianchosenoneon May 10, 2019 5:20pm
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Post# 29736269
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:four asked to re bid
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:four asked to re bidWell let's say a company has 100 million shares and you as a shareholder have a price at 5 cents average. Its currently sitting at a penny. You are down 80%. If a company comes in and does a financing at 10 cents and gets 200 million. We have 300 million shares. then they consolidate at 10 to 1 . There are 30 million shares and they own 67percent. Your shares are worth 10 times more but I have 10 times less shares. At a penny your chance of breaking even was to go up 4 more cents to 5. Now to break even you have to go from 10 cents to 50. I believe that is not harder!