Niocorp Developments Ltd (NB)

[SpecialK2020]

I think my math is correct. While it is true that you don't lose any value immediately after a reverse split, what you could lose is potential upside profits. Example:

I think this stock today could be a $20/share stock, and I own 10,000 shares.

After a reverse split 1-10, I now have 1,000 shares and my value is the same. But, let's be honest, a reverse split generally triggers a stock decline after the event.

However, let's say it doesn't decline and hits my projected price of $20/share. My shares are now worth $20,000 as opposed to $200,000 prior to the split.