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Re: mike007 post# 23966

Friday, 10/27/2017 4:17:02 PM

Friday, October 27, 2017 4:17:02 PM

Post# of 50157
No. That's not how it works. When a R/S occurs, the # of shares you own (in your case, 100,000) is divided by the ratio, and the share price is multiplied by the same ratio. After the transaction your total dollar value is supposed to be the same as it was prior to the split. So in your case, that would be 286 shares X 12.25 = $3503.50
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