Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Privacy Policy | Disclaimer

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Traxion Sab De Cv Ord Shs GRPOF

Grupo Traxion SAB de CV is a Mexico-based company engaged in the transportation sector. The Company provides logistics services within eight business areas: Fright, including intermodal and multimodal services, door-to-door, national and cross-border distribution, among others; Integrated logistics, including logistics management, aerial and maritime services and custom transportation support services; Warehousing, including dedicated storage, shared warehouses, packing and value-added services, such as labeling and products assembly; Logistics systems, including software for logistics management; Passenger transportation, including transportation of personnel and students; Special services, including rental of bus and vans; Moving, including national and international moving services, and Advertising, including custom transportation services during marketing campaigns. The Company operates through a number of group companies.


PINL:GRPOF - Post by User

Traxion Sab De Cv Ord Shs > We might get that .19 that we were looking for
<< Previous
 Bullboard Posts
Next >>
User Avatar Image
(35)
•••
Comment by Pumper4Lifeon Jun 03, 2020 4:53pm
154 Views
Post# 31108713

RE:RE:RE:RE:RE:RE:RE:We might get that .19 that we were looking for

RE:RE:RE:RE:RE:RE:RE:We might get that .19 that we were looking forReverse splits are horrible for companies that have an overvalued market cap.. it would be interesting to see what happens to an undervalued company like tetra with a reverse split

Tetra is cheap currently trading at approx 60 million MC at .20 with over 300million shares fully diluted

Even if tetra were to RS to only have 1000 shares outstanding. Each share would be worth $6000 with only 1000 possible shares to trade. If after the split theyvtrade at $3000, thats enquivalent to it going down to .10 atm with 300m shares. 

Comes down to the same thing, just less shares available on the open market

if the company is worth more than 60 million.. the market will always get it right eventually and it will trade higher no matter how many shares you have outsanding

MakeMoney7777 wrote: Yes. Most reverse splits are terrible for immediate-mid term future




<< Previous
 Bullboard Posts
Next >>
Dealroom for high-potential pre-IPO opportunities