Lexaria Bioscience Corp (LEXX): A 1 for 10 reverse split would be ridicu...

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Re: PotsandPans420 post# 25955

Friday, 08/02/2019 12:03:36 PM

Friday, August 02, 2019 12:03:36 PM

A 1 for 10 reverse split would be ridiculous. It would reduce the share count to less than 8 million and the closely held shares would decimate the float further. The volatility would be crazy and as you say, the volume would be minuscule. Historically, most reverse splits end badly for shareholders. Let's have some damn patience and wait for the superior technology and fundamentals to continue to evolve.

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