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Bullboard - Stock Discussion Forum
Global Railway Industries Ltd
T.GBI
Industrials
Conglomerates
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TSX:GBI - Post Discussion
Global Railway Industries Ltd
> Stock 4 for 1
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million$man
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Post by
million$man
on Aug 13, 2013 10:54am
Stock 4 for 1
I have never seen this ever turn out good for the share holders. Not good.
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2guys
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Comment by
2guys
on Aug 13, 2013 12:21pm
That should read 1 for 4 million$man, and you are correct that usually these things don't work out, but the situation here is quite different. GBI.h, now XCX.h is trading at approximately half their cash value. The consolidation was done in order to facilitate a qualifying transaction that should if successful get Chinook Tyee relisted on the TSX Venture. What's important is that they
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