InvestorsHub Logo
Followers 0
Posts 29
Boards Moderated 0
Alias Born 03/27/2017

Re: Bishop123 post# 10523

Friday, 05/26/2017 11:00:28 AM

Friday, May 26, 2017 11:00:28 AM

Post# of 18649
jumping in for simon. simon, correct me if i'm wrong.

For example let's say that Oxis, currently worth $2.17M, does a reverse split at 1:300. 300 of your Oxis shares at $0.0156 per share will become 1 share worth $4.68. After the split, the company is still worth $2.17M. However, if Oxis issues more shares into the world and the company is still valued at $2.17M, each share will drop in value. Based on historical patterns, this is what will happen for Oxis.

No one knows when the RS will happen. People have posted predictions in previous posts.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent GTBP News