RE:RE:RE:Fully diluted shares is 646m, that's poor share structure The market does not like rollbacks for overvalued stocks that are raising capital. It loves them for cheap stocks.
I have three stocks that did share consolidations over the past 4 years. One is up 500% since (it was 4 years ago), one is up 50% since (it was 6 months ago) and the last is up 20% (it was 15 months ago).
Joseisok wrote: JiffBeasauce wrote: sndl has 920 million shares, they have run from 14c to 60c over the last few months. I really dont get why people think 650 million shares is to many.
Anything over 500m shares presents the danger of a roll back. The market does not like roll backs.