Post by
BSdetector2016 on Apr 10, 2017 8:39am
RE:RE:Reverse Split Coming
They should drop the U.S. listing. Having one just encourages more jiggery-pokery, shorting and alike.
Comment by
darb on Apr 10, 2017 9:52am
A reverse of 1:4 or 1:6 tells me they are not confident the consoidated share price can hold! A 1:2 would satisfy the NYSE listing. I will vote NO.
Comment by
Sixtyminuteman on Apr 10, 2017 10:03am
A reverse split is not a good move for BXE; last thing they need with its low price, low volume & today's electronic program trading. Big Money will do as they have for the past year or so - methodically short the stock & take it back down to a dollar. Time to think about taking a loss & getting out.
Comment by
radcat on Apr 10, 2017 11:11am
It's one thing that you and I vote no, but what about the institutional investor who has bought over 12 million shares? Guys like him will be calling the shots, not us retail investors. That said, I will vote NO nevertheless.
Comment by
1condor on Apr 11, 2017 3:41pm
A reverse split is never a good thing. However, BXE paid some serious bucks to get listed in New York and obviously don't want to give that up. I believe they will be successful with the reverse split.