Friday, January 24, 2020 7:27:13 AM
what happens to the fractional shares?
Do the brokerage houses just get a few here and few there and get free shares?
Do they go back to the company?
The reason I'm concerned and curious about them is because I was here ten years ago when this was trading over a dollar.
I would watch this every day trading.
Nine out of ten trades was only 500 shares here a thousand here.
very small chunks went out and got distributed.
Because you needed a minimum of 2,000 to get one share I'm thinking there was quite a bit of fractional shares that added up to a large amount.
Again where do all the fractional shares go.
On a 2000 to 1 split that's got to add up to a pretty good amount enough to wonder where they went.
if you guys were bored here when we had a 18 million float prepare to be super bored now that we have a 9,000 float.
and that could be reduced by what 2 or 10 percent by all the fractional shares?
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