Niocorp Developments Ltd (NB): Super confused with the "reverse Split"...

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Niocorp Developments Ltd (NB)

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Re: Landmark8211111 post# 83418

Monday, 09/26/2022 3:07:05 PM

Monday, September 26, 2022 3:07:05 PM

Super confused with the "reverse Split" nonsense...I hope to God this does not happen as its never in the best interest of the share holders. So where are people coming up with the 1 to 5 reverse split. With an expected value of $10 per share?? If this is the case help me understand the math lol. So lets say someone has 10,000 $NIOBF shares. if we do a 1 to 5 reverse split that leaves you with 2,000 shares with a $10 a share price? Is this correct? I am just trying to understand how it all works as I have never been involved with one. Thank you.

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