WELL Health Technologies Corp T.WELL

reverse split?

[monty613]

is there a possibility this could happen? a 2:1 would reduce the share count to ~100MM and maybe make a takeover or merger more tolerable to a suitor (ie. less premium per share)?

just thinking out loud

[HotDiggityDogg]

What would be the value of the shares for the existing shareholders? $2.50. ??  And what premium would they get to make it a worth whole deal ?

[HotDiggityDogg]

Sorry meant a stock price of 10$ and a premium of xx? 

[ElanS2]

Could a NASDAQ listing require a certain minimum share price, that exceeds the current price ? That just happened to another of my stocks, VLNS. It was a three for one reverse split that is still costing the original shareowners money. I have not yet seen a reverse split that works to the benefit of the current shareowners.

[BudFoxx2020]

Trust me a Reverse Split is the last thing you would ever want happenening to a stock.

[HotDiggityDogg]

Budd can you explain what you mean? I have never been in a reverse stock split and am curious. Thanks 

[BudFoxx2020]

Reverse splits are never good, usually done when share price tanks very low.  Investors hates reverse split.  Share price never recovers after.  You usually see reverse split in penny stock pump and dump.  They are rampant.  A good example now is the MJ sector.  Aurora and Hexo are prime examples of reverse split.  They have done quite a few just so they can

[sparky5]

news this week...would be nice....????glta...

[ElanS2]

Before a reverse split;  Number of ABC shares issued and in circulation: 1,000,000, trading at 1$. You own 100 shares that cost you 2$ each for a total investment of 200$. You are losing money ! After a 3 for one reverse split: Number of ABC shares in circulation: 333,000, trading at 3$. You now own 33 shares that cost you 200$ in total. At that point your loss has not changed, but a