RE:Reverse splitjrau7338 wrote: My account shows a second account for Jervois Mining Limited with 36% shares less than I currently own. Usually when I see this it is a sign of a reverse split.
A reverse stock split has no effect on the value of what shareholders own. What is required should an issuer choose to do a reverse stock split? Generally, a public company can declare a reverse split if it obtains the approval of its board of directors. Most often shareholder approval is not required.
So it may already be happening, that's my guess anyway.
Directors and insiders like to fleece retail investors.