GREY:SLHGF - Post by User
Post by
ScarletSpideron Feb 02, 2021 11:40am
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Post# 32447066
If The Company Wants To List On Nasdaq That is part of it!!!
If The Company Wants To List On Nasdaq That is part of it!!!a five to one means about $5 the minimum needed to list on Nasdaq with the amount of oustandings and the monies needed to offset that it may be tough. The issue of confidence or not is a null one to me. I generally don't like reverse splits but if you can earn strong share value it really doesn't matter that would knock me to 400 shares at let's say $5 per share $2000 worth. It uplists and gets to $20 a share that is $8,000 I will take that--whatever.
Not a big deal actually that is all part and parcel here. I still like all that the stock has done and believe it will keep growing. In fact, i have another company that I am waiting on to finish the consolidation didn't like it there either but that is life. As long as I keep making monies reinvest and make more monies I can't complain.
At one time I held shares in Bell at that did a reverse split my 20,000 to about 266 shares. Stupidly i sold them fast but that consolidation saw way better share value then my existing 20,000 would have ever seen so it isn't always a negative thing actually.
Whatever happens happens as long as I handle the shares properly walk away with a good profit i smile say thank you and move on!