InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,477.90
(
0.16%
)
US TECH 100
19,131.60
(
-0.23%
)
Dow Jones
39,127.80
(
0.04%
)
Brent Oil
84.31
(
-0.20%
)
Bitcoin
61,074.22
(
0.43%
)
Post# of 19165
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

NewbieWar

Send PM Follow Ignore
Followers 8
Posts 209
Boards Moderated 0
Alias Born 11/15/2014

NewbieWar

Re: onedayyyyyyyyy post# 11914

Tuesday, 11/10/2015 5:03:33 AM

Tuesday, November 10, 2015 5:03:33 AM

Post# of 19165
Its a reverse split, 1:15

at 60 cents would transition to $9

The more important question is how is the dilution happening?

I'd say that the converted shares could control as much as 40% of the company and as little as 10% of the company. It would all depend on the price of conversion and the market value of NBG at the time of that transaction
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

Join the InvestorsHub Community

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.

Sign Up