McEwen Mining Inc (MUX)

[Tweety]

In a reverse split of 10 to 1, it means that you exchange 10 of your shares for 1 of the new shares. If you buy 10 shares Monday at 0.35 cents = total cost of 3.50
After the reverse split you will own 1 share at a new price of 3.50
Assuming the share price remains the same after the reverse split, you still have the same amount of money.

Now, if you only buy 1 share a 0.35 cents on Monday your total cost is 0.35 cents.
If you hold that 1 share until after the 10 to 1 reverse split you would own 0.035 of one share. Yes, that is a fraction of 1 share which is approximately one third of a share. to determine your monetary value multiply your new share (0.035) by 3.50
and your total value comes to 0.1225, yes that is twelve and one quarter cents.
Does this make sense to you?

Invest in MUX according to your level of comfort. I hope this was helpful.