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Bullboard - Stock Discussion Forum BioAmber Inc. BIOAQ

BioAmber Inc is an industrial biotechnology company producing renewable chemicals. The company's proprietary technology platform combines industrial biotechnology and chemical catalysis to convert bio-based feedstocks into renewable chemicals that are cost-competitive replacements for petroleum-derived chemicals used in a wide variety of everyday products including plastics, resins, paints... see more

OTCPK:BIOAQ - Post Discussion

BioAmber Inc. > What share compression means ?
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Post by IP666soldier on Mar 21, 2018 4:35am

What share compression means ?

Could someone please, explain what share compression means
Comment by Mrtkr1 on Mar 21, 2018 5:39am
You take, let’s say, 50 shares and compress it to one. So if each share was worth $0.10 before the reverse split or compression, each new share would now be worth $5.00. However, if you had 50,000 shares before the reverse split, you would now have 1000 shares.
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