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kthomp19

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kthomp19

Re: Dax1 post# 530452

Friday, 05/31/2019 5:00:20 PM

Friday, May 31, 2019 5:00:20 PM

Post# of 793676

I believe the largest amount of shares outstanding is GE with 10.1 billion.so let’s say they use 10 billion shares, price would be set at $10 at opening.



The number of shares can be lowered with a reverse split. Using GE's share count doesn't make sense. Citi had a ton more shares before their 1-for-10 reverse split, too.
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