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Post# of 34793
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shinytrout

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shinytrout

Re: jimtash post# 25180

Thursday, 11/10/2022 7:32:50 PM

Thursday, November 10, 2022 7:32:50 PM

Post# of 34793
Correctamundo.
The split doesn't affect the AS, only the issued. So as of now, Ken stands to inherit an 11bil AS with RV split issued from 7bil to 70 mil. Even if he announces an AS reduction of 10bil, that still leaves AS of 1bil to 70mil issued.
For the current holders of the split 70mil to maintain today's value, the AS would need to be reduced all the way to 110 mil.
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  • 6M
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