Sunday, July 17, 2022 1:05:52 AM
Srnw is at $2.55 a share.on Thanksgivingday .if if if if GS Puts split ratio at 40 for 1 and lets say I have just 1000 shares...the math is this RIGHT...
1000 current shares times 40 is 40,000 srnw total shares I'd get - RIGHT
The share price on that day gets ÷ by 40 so $ 2.55 ÷ by 40 is 0.0637 a share going forward on split day...
So 40,000 shares of srnw times 0.0637 is the REAL VALUE per share price Shown in account...
Now say on Thanksgiving day SRNW merges with WAX a 5 billion company...what would the share price be worth considering there's 600 million shares of of Srnw...and the stock price is 0.0637 after the 40 for 1 split...,what should the price be at all things as suggested...??? So what is my 40,000 shares of Srnw worth ???? And stock price on the day after Thanksgiving 2022...?????
Yes you can get annoyed and even yell,in simple 5th grade math please explain to those confused...thanks...owning the superfecta just 1 has to hit...this SRNW could be the Mutther Load...
Thanks
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