Followers | 25 |
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Alias Born | 07/22/2009 |
Tuesday, August 04, 2009 1:10:24 PM
The board just decides one morning they want to make the stock price a dollar even though it was trading at ten dollars.
The company could award shareholders a dividend of 4 free shares for every one they hold or they can do a 5/1 forward split. They cant do a forward split for half the shareholders and then just arbitrarily decide to lower the price for the other half to match that number.
Do you have any idea the kind of crazy fraud that would happen if this was legal???? Do you really think this is the way it would work?
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