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Re: DimesForShares post# 199543

Friday, 08/28/2020 12:54:10 AM

Friday, August 28, 2020 12:54:10 AM

Post# of 278266
“He may feel constrained by the vote last year, but a 50-to-1 reverse split would make the terms of the public offering more attractive to investors. “

I don’t see how .

1. It will greatly reduce liquidity so they won’t have a market to sell their shares into.
2. It would show them that KT doesn’t really care about other shareholders(which they would be if they bought into this)
3. Why would Nasdaq care what direction the stock went or if it stays above $5(it’s only required to stay above $1 after initial $4 minimum)?
4. It would make the initial share price higher so it will be less attractive to smaller investors.
5. If a 40-1 split is going to drop the price, what would they think a 50-1 split would do?
6. What will make this attractive to new investors is a low IPO price in relation to what the post split price will be, keeping in mind that they get a warrant to go along with a share.

I could go on but I’m getting tired of typing.
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