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Lydian International Ltd. LYDIF

Metals & Mining Industrial Metals & Minerals


GREY:LYDIF - Post by User

Lydian International Ltd. > 760M shares out?? Reverse split almost guaranteed here.
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Comment by sinusoidon Nov 07, 2019 9:06am
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Post# 30320326

RE:RE:RE:RE:760M shares out?? Reverse split almost guaranteed here.

RE:RE:RE:RE:760M shares out?? Reverse split almost guaranteed here.Exactly, Anna - I rolled my eyes reading that. A reverse split isn't free, and no one in their right mind would spend money on anything that's not completely essential right now.

It also woudln't accomplish anything. It won't slow the current bleeding, and if the situation gets resolved then the SP will rise on its own, negating any need for a reverse split.
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