OTCQX:GTBAF - Post by User
Comment by
Goaweighon Sep 04, 2019 7:22pm
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Post# 30096278
RE:RE:Going to very huge at the end
RE:RE:Going to very huge at the endManagement for one because of how options are awarded and quite possibly the rest of us because as the stock rises it becomes less attractive to retail and to some degree less liquid for institutional buyers.
The theory being a cheaper stock is more attractive to retail while a larger share base provides better liquidity and is therefore more attractive to Institutional buyers. However in the webinar Chris noted that the 40 % retail / 25 % Institutional split was slowly changing and although I don't believe he gave a new split the Institutional guys are buying while retail base is selling and that will probably continue.
So the conversion process is happening regardless of a split. It's just a theory but others have done it without any negative consequences that I'm aware of.
Certain Chris has plenty of very good advisers and will do whatever is best for all. !
October4 wrote: Who would benefit from a stock split?