RE:May fall to $1 againAdwari wrote: Surviving listing by reverse split. Pathetic
A 145 for 1 and then followed a couple of years later by a 100 for 1 does not give ordinary shareholders a good feeling/perspective. The share turnover prior to consolidation was amazing. The share price after was a continuation but today, all of a sudden, it has turned green for some unknown reason. The total share count is quite low now I think but am never sure on the numbers. They supposedly had about 80M before the split so that would suggest 800,000(?) after the split?
I presume that means another capital raise (selling a ton of shares) can be expected in the not too distant future? Isn't that how it works?