RE:RE:RE:AGRA R/S Should I write it slowely? Would that help you understand?
You asked what in (forget the guys handle) professional opinion would happen after an RS.
Well smart guy.
People had 201 shares rolled into one share (So while the market value remains the same at the time of the transaction, you have less upside/downside on fluctuation. IE it goes up one penny, now you only make a few bucks rather than thousands). And on top of that, post RS the stock lost 50% of the value...
So to dumb it down for you (cause yes, you're living proof theres dumb peeps on here)... Less shares, and a 50% loss on the few shares people we're left with.
They tried to pump it back up by raising a few million at $20 (a valuation they'll never attain again).
If you look at statistics. 75% of companies never recover from an R/S and it is seen a a last ditch effort.
And let me just school you on another thing... Cause here in the midwest we call your type dumber than a stick in the mud. BUT ITS LISTED ON THE CSE. YES THEY UPLISTED THEIR US TICKER FROM THE OTC MARKET TO THE NASDAQ. BUT THE CANADIAN TICKER IS STILL LISTED ON THE CSE... Just the same as Canopy being listed at WEED in Canada on the TMX, and CGC on the NYSE... Silly Tony... As hard as you try you just dont understand the basics.