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Bullboard - Stock Discussion Forum Neovasc Inc. NVCN

Healthcare Medical Instruments & Supplies
Neovasc Inc is a specialty medical device company. It develops, manufactures and markets products for the rapidly growing cardiovascular marketplace. Its products the Neovasc Reducer (Reducer), for the treatment of refractory angina, which is not currently commercially available in the United States and has been commercially available in Europe since 2015, and the Tiara, for the transcatheter... see more

NDAQ:NVCN - Post Discussion

Neovasc Inc. > reverse split
View:
Post by salmann on Apr 30, 2018 9:51pm

reverse split

Hi sorry i am a little confiused. if the revrse split happens suppose if i have 10000 shares will i end up with 10000/50 = 200 or 10000*50= 500000 shares ?
Comment by onions7777 on Apr 30, 2018 9:56pm
If its 50:1 10000/50 so 200. But you keep the same value. 10000X.04= $400 200x $2.00= $400 Divide the shares by 50 Multiply the price by 50
Neovasc Inc.
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