Here's the thing about the R/S:
Regardless of the increase in PPS, your stock valuation is now WAY less.
If you own:
50mil shares out of 5bil A/S, you own 1/100th of IMGW
for you to keep the same valuation the A/S needs to be reduced by the same (10,000,000).
50mil/500= 100,000 out of 5bil/500=10,000,000, =1/100th
IMGW is actually INCREASING A/S
Now instead of owning 1/100th of IMGW you would own:
100,000 shares out of 500mil A/S = 1/5000th owner
Please stop saying that they are reducing A/S, when actually they are Increasing Post-Split A/S by 490 million shares
My opinion is my opinion. Due your own DD