This is from a previous post. If a reverse split is done responsibly and there is major benefits, I have seen share prices increase on other stocks in the past.
Maybe even a reverse split followed by some really good news in a PR statement.
I would like to repeat 660 million outstanding shares is something
real investors would not like in a stock. IMO
Also I read in someones post where we should have a PE ratio of 30.
I think that is fine for a technology stock but for a retail stock
would a PE ratio of 15 and down be more realistic.
Again would our PE ratio improve with a R/S and less oustanding stocks to dilute the value.
Looking for some input from more experienced members.
Buy the way I am an extremely long time share holder.
Post # of 56818
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New to the board...Now that we are making profits.
Any pros and cons with a reverse split ?
Would a 100 to 1 reverse split help the value of the stock?
A .01 value would become a $1 stock value. The outstanding shares
would go from 660 million to 6.6 Million shares.
Would this not help the price per share on the Price to earnings Ratio??
Could we then move to the Bulletin Board or even Nasdaq and off
the pink sheets....
Would this better Price to earnings ratio and our stock listed on a better exchange help us really get noticed by investors and
institutions and get us taken more of a seriously considered stock.
I mean 660 million outstanding shares way too much outstanding.
Would we have a more stable stock in terms of someone selling
200,000 shares at .01 with our average volume as opposed to selling 2,000 shares instead. Still a $2,000 value each way.
Would this not help us buy and sell stocks more easily at our
desired price, rather than have partial fills and see the bid or
ask price move widely??
Would we also want the powers that be to lower the allowable float
down from 680 million shares to say 20 million shares, Still
plenty of room at a $1 stock value for the company to increase shares from the new 6.6 million outstanding shares to the new allowable float of 20 Million. Would this not make it easier for the company to raise cash for its needs??
I am not the most experienced investor so I welcome YOUR INPUT.
If this makes since to any of you should these ideas be forwarded
to the company....
Thank you for you time and input....
CHDT Corporation (CHDO) Stock Trading Info:
