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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
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Comment by Pumper4Lifeon Jun 03, 2020 4:58pm
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Post# 31108724

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

RE:RE:RE:RE:RE:RE:RE:RE:We might get that .19 that we were looking forCorrection **10000 shares, each share would be $6000  
Pumper4Life wrote: Reverse 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 10000 shares outstanding. Each share would be worth $6000 with only 10000 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

 




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