Post by
Unicorn9000 on Jun 11, 2019 10:53am
scary
very scary..................
10 to 1 split
scary indeed.
no news is bad news.
Comment by
Sacapus on Jun 11, 2019 9:32pm
It's not a split, but a consolidation. Then 10 shares will become 1 share. Total value of the stock remains the same, but the number of shares goes from 445000000 to 44500000, and share price goes from 0,03 to 0,30. This is a common method to make the stock more attractive. Dont be scared.
Comment by
Sacapus on Jun 11, 2019 9:39pm
... and I would add that it's a good idea.The 0,03$ Argex share looks cheap, but 0,30 will be more interesting -- just a matter of investors psychology.