InvestorsHub Logo
Followers 2
Posts 578
Boards Moderated 0
Alias Born 09/20/2009

Re: Dianne post# 73

Monday, 05/17/2010 2:53:46 PM

Monday, May 17, 2010 2:53:46 PM

Post# of 1344
if the stock was trading at .50 and you had 1000 shares and there were 10 million shares outstanding here is what would happen:

after the split you would own 100 shares but they would be worth $5.00 each and there would only be 1 million shares outstanding

so if you bought 1000 shares at $0.50 = $500

after R/S 100 shares at $5.00 = $500

hope this helps