Thanks e-ore. With regard to your last sentence, that's not necessarily true since the stock might be fairly valued at 10 or 20 cents. Even with 20 or 30% annual growth of the company's financial metrics it could take many years for the share price to get to the range where it could be for instance listed on the NYSE and picked up by more funds. So the management might legitimately consider a reverse. I'm looking for previous examples of legitimate companies with strong financials that implemented a reverse split to see if even in those situations is there almost always a market cap decline.
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