Friday, May 26, 2017 11:00:28 AM
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.
Recent GTBP News
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- Form DEFA14A - Additional definitive proxy soliciting materials and Rule 14(a)(12) material • Edgar (US Regulatory) • 11/06/2023 10:25:12 PM
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