some positives from first day trading post-splitOver 1 million shares (pre-split) traded today with the share price increasing 30% on the TSX.
Due to the split, the bid ask spread opened up and I was finally able to snag some shares below 1 penny (pre-split).
There are only about 2.5 million shares (post-split) in retail's hands now. Many of them are in strong hands such as mine. There are hardly any retail sellers left at the bottom now. Only one way to go, and that coincides with commody prices in general, which is up.
Let's hope this new $1+ price (at least on the TSX side as of today) attracts the new investment dollars that management is seeking.