Post by
bicente on Mar 26, 2022 4:36pm
I’m not a fan of reverse splits but I believe
It can be a good idea if the bomber continues on its plan . I've been through a reverse split with MT and it worked out well for the shareholders. Many people in the investment world said that there were too many shares outstanding and this is one way to limit the number out there. The family can pull this off very easily by under promising and over delivering on the FCF . It could be a good plan if they use this with a small dividend payout announcement. The bomber did say that they wanted to build shareholder value and this is good news in the road to getting back into the good graces of institutional buying and back into indexes and funds . The bomber is fixing everything that was wrong with the company , one step at a time. They might not use this avenue but I'm sure they will if all the forecasts are aceivable .. the skies are blue ... GLTA
Comment by
BBDB859 on Mar 26, 2022 4:54pm
Hey Bicente. I'm sure they're going to reach their 2025 Guidence. Even if they do so, do you still think that consolidation is useful for them given their success?
Comment by
johnney on Mar 26, 2022 5:27pm
Will do it with their big mouth as they done in the past!
Comment by
satchmo6 on Mar 26, 2022 5:56pm
guess it goes without saying-----------------that the prospects for survival nd growth still depends on EARNINGS
Comment by
satchmo6 on Mar 28, 2022 2:19am
theoretically--any split still gives the shareholde the same percentage of ownership-------the problems arise when the share price plummets --due to buyer resistance