GREY:SLHGF - Post by User
Comment by
yyy2017on Feb 16, 2021 3:35pm
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Post# 32576163
RE:RE:RE:RE:RE:Special Meeting
RE:RE:RE:RE:RE:Special MeetingLong term, I believe SHG can be a $1B+ market cap company, so reverse split or not doesn't impact the market cap growth plan here.
Short term, most of the share holders and management team have their best interests to keep the SP high or higher so the reverse split is at lower ration.
People may have different views in the reverse split. It is all fair judgement. We'll let the market decide where she lead us to.
GLTA.
Eppy wrote: All good points which I do not dispute. I am just suggesting that the small investor has two choices. The first is to stand pat. In this option, just realize that you could end up with an odd lot which makes it more difficult to sell. The second is to buy more so that you end up with at least 500 shares. As you pointed out in your first response, the company wants the option to consolidat up to 1:5. In fact, the company may chose to consolidate at a lower rate which makes it better for the small investor. Based on the stock's performance the last 6 weeks, I am optomistic that these shares will continue to grow over the next 6 weeks. My current thinking is to withhold any decisons until the end of March. GLTA