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Bullboard - Stock Discussion Forum Surge Energy Inc (Alberta) T.SGY

Alternate Symbol(s):  ZPTAF | T.SGY.DB.B

Energy Oil & Gas E&P
Surge Energy Inc. is a Canada-based oil focused exploration and production (E&P) company. The Company's business consists of the exploration, development and production of oil and gas from properties in Western Canada. It holds focused and operated light and medium gravity crude oil properties in Alberta, Saskatchewan and Manitoba, characterized by large oil in place crude oil reservoirs with... see more

TSX:SGY - Post Discussion

Surge Energy Inc (Alberta) > WHAT IS SGY GOING TO DO NOW.?
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Post by WanTBe1 on Dec 15, 2021 10:44am

WHAT IS SGY GOING TO DO NOW.?

How about.? In a reverse split, a company cancels all of its outstanding stock and distributes new shares to its stockholders. ... In a 1-for-3 split, you end up with one share for every three you owned, Stock price today would be $11.40 not your $12.00 but close.
Comment by Chris007 on Dec 15, 2021 10:46am
Why would they need to do another reverse split, again? They ain't listed on the NYSE...TSX is pretty lax on the minimum share price thing.
Comment by winterishere on Dec 15, 2021 12:38pm
The last thing I want to see is another reverse split.
Surge Energy Inc (Alberta)
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