The lawsuit is frivolous and not a potential material negative for CTTC. So, I am not sure why he would address it. As for the split, I am of the view that it is most likely due to the need to have shares trading at a higher price in order for certain equity funds and firms to be able to invest.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.