Post by
DoekeGouda on Jul 26, 2022 12:22pm
Reverse stock split
Today they did a reverse stock split, which means you will hold the same amount of stocks, but with a value twice that from yesterday. By my banc it is for the coming weeks not possible to sell those stocks.
Comment by
DempsterMill on Jul 28, 2022 3:54am
thanks for the info - noticed this myself. hope it will start trading soon and the deal goes through.
Comment by
Alleycat7 on Feb 13, 2023 11:11pm
Actually a reverse split means you will end up with less stocks but they will be the same total value. For instance. 1 for 5 slit when holding 100 shares at say $1.00 now becomes 20 shares @ $5.00. Both equal $100 but the share count is different. The opposite is true on a Stock split,