RE:RE:RE:New shareholder with a question please.... ok - Now we R up to Delisting and Defaults.. make U case... is the TSX going to Delist.. the US ADR ??
Top Cat U understand a lot of THINGS but U are very skimpy on the details..
NCU is not gouing th the NYSE short of knee capping.. OTO mabey...
it will B a pink for the next 5 years and a 2B$ market capp w forward P/E...
Suicide is Painless
To avoid being delisted, some companies will undergo a
reverse split of their shares. This has the effect of combining several shares into one and multiplying the share price. For example, if a company executes a 1 for 10 reverse split, it could raise their share price from 50 cents per share to five dollars per share, in which case it would no longer be at risk of delisting. This tactic, however, would not prevent a stock from being delisted due to the market capitalization rule since the reverse split would not change the total value of the firm but rather the share price of the firm.