Post by
Greenviolino on Feb 06, 2023 10:41pm
Preemptive share consolidation
Do not expect great financial results when THTX annouces Year results. It might be better for THTX to voluntarily announce a share consolidation than having to live through the pain of a Nasdaq notice, and have traders control the share price. A share consolidation will also put the company in a better position for an inevitable new financing.
Comment by
Trogarzon on Feb 07, 2023 7:06am
Should they resort to that for lack of any other option, I can tell you the stock will halfed once again. It's an easy fix that would destroy any hope of getting our capital back.