GREY:CHALF - Post by User
Comment by
RebeccaGon Oct 28, 2021 2:14pm
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Post# 34059984
RE:RE:RE:RE:Pro forma web sites
RE:RE:RE:RE:Pro forma web sitesRead investopedia, it is a testbook for investing. Reverse splits are 95% failure and are GIMMICKS where the outcome is the same. Cosmetic at best. I will leave that for you to digest.
If you have 23,000 shares at $1 a share and your company does a reverse split at 23:1 then you end up with
1000 shares at $23 a share
Now use your math:
$23 X 1000 = $23000
Before consolidation
23000 X $1.00 = $23,000
Show me the strategy moonwalker
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