TSXV:CLAS.H - Post by User
Post by
MonkVestoron Jul 06, 2019 1:14pm
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Post# 29892289
reverse-split
reverse-splitFirst of all, a reverse split is a sign of past trouble, not future trouble. Everyone knows that it hasn't been the klondike for the last few months, but this is clearly the thing to do mid-term. And talking about "massive" split, really not the case, what PLI just did - that is a massive split (1:1000 !)... Then, yes at first if KLY does it, it's gunna drop a bit probably but next NR it'll be erased. Plus, it's a weapon against the shorts, 'cause of the adjusted low # of floating shares...