VYNE Therapeutics Inc (VYNE): To clarify something I'd assumed all...

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Re: trunovice post# 501

Thursday, 08/06/2020 9:36:49 PM

Thursday, August 06, 2020 9:36:49 PM

To clarify something I'd assumed all would understand:

When a stock experiences a reverse split, shares always rise in proportion to the ratio employed.

If MNLO faces a 1:7 ratio with shares priced at $1, then the post split share will be priced at $7.

As I've said before, it is the nature of all reverse splits that shares immediately price at a multiple of the presplit value.

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