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Sunday, January 31, 2021 7:42:41 PM
In reference to your post 5618, everything is correct instead of the last line.
With the newly valued price, you cannot compare to the before price. You need to compare the stock price and how much of a percentage value will be increased.
The new value per share is $8.00 say price increase is 10%. $10,000 * 10% = $1,000 increase in your nest egg. This equates to $1,000 / 1250 shares = $.80 per share. So now your nest egg is $11,000. YOU DID NOT LOOSE ANY $$.
If before split your nest egg is $10,000 and value goes up 10% you will have $11,000 in your account divide by your total shares of 10,000 your share price increased by $.10.
You are asking if my $1.00 stock goes to $2.00 that is a 100% increase so you would have $20,000. Divide that by your 1,250 shares = $16.00 is your new share price. Do you see? You still have your $$.
Lone Wolf
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