Saturday, November 16, 2019 8:49:23 AM
When APII/WAFR/AHIX went from the 9B to 1B (eerie, isn't?), the split ratio was 2500:1.
Here are AHIX's filing numbers from the 2015 Q3. That's a screenshot of the original 2015 Q3 filing; the REVISED filing has the same numbers, but the typeface looks crisper. I state this before I'm accused of making stuff up.
Now for some fun with arithmetic.
Authorized Common Shares:
8,964,324,990 divided by 946,821,999 is a 9.5:1 split
Outstanding Common Shares
8,545,207,089 divided by 60,833,407 is a 140.5:1 split
Freely Tradable Shares:
3,010,933,956 divided by 1,183,107 is a 2544.9:1 split
Put bluntly, some shareholders were affected much more than others. 1000:1 is undoubtedly much, much closer to what current IHUB traders will experience based on the last AHIX reverse split.
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