GREY:GEATF - Post by User
Comment by
Taur0424on Jun 27, 2019 9:01pm
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Post# 29872212
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:I hear juju gonna do share consolidation soon
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:I hear juju gonna do share consolidation soonIf you look in the past at companies who did share consolidation it didn’t turn well, the price we t back to the original price within couple weeks. Yes your 100k shares at .6 will become 50k at .12 but shortly after you will have 50k shares at 0.06. Make some research, look at ISOL.
A reverse stock split is a type of corporate action which consolidates the number of existing shares of stock into fewer, proportionally more valuable, shares. The process involves a company reducing the total number of its outstanding shares in the open market, and often signals a company in distress.