NaturalShrimp Inc (SHMP): When you double the number of common sha...

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Re: m polo post# 90110

Tuesday, 12/29/2020 6:12:51 PM

Tuesday, December 29, 2020 6:12:51 PM

When you double the number of common shares, you've halved the value of those shares. If not, then conversion of the Class A shares would double the market cap and there would be no reason for mgmt to hesitate in converting.

Nope, the market cap remains relatively stable. The share price drops by 50%...if not more.

I'm here for the entertainment and to entertain. I'm certainly not here to give financial advice and anyone who thinks otherwise is a fool.

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