RE:RE:SHARE PRICE vs FIN RATING If you look at the past 9 months, the balance sheet has performed rather well even though they paid a lot of interest, dividends on prefs and incurred costs to buy back the debt. Also, they probably have one time costs in 2021. If they can somehow reduce the debt and/or lower the interest cost...
The share split if 30:1 will cause a lot of odd lots. In fairness, they'll have to implement an odd lot buyback program (no commissions). That could also significantly reduce the shareholder count. "A" shares float could drop to low 7 figures potentially.
Interesting times.
PS - as stated before, symbol PD did a 20:1 reverse and that has gone very well.