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Re: ap17 post# 68522

Thursday, 08/06/2020 9:42:47 AM

Thursday, August 06, 2020 9:42:47 AM

Post# of 83028
I just dont think you understand how equities work.

If a company is valued at 50 million with a $.50 share price, the company does a 1-10 reverse split and the company stock goes to $5.00

The company is still worth 50 million dollars. Some here are claiming that it's going to return to 50 cents like it was before the stock split

That means a 50 million dollar company would be then worth 5 million.

Thaat's preposterous.