InvestorsHub Logo
Followers 32
Posts 2118
Boards Moderated 0
Alias Born 04/10/2012

Re: None

Saturday, 03/02/2013 5:43:31 PM

Saturday, March 02, 2013 5:43:31 PM

Post# of 194800
If it is 1.5 for 1, then the 700 million would turn into 1,050,000,000

Causing the A/S to be 1.1 billion would give the company another 50 million to dilute.

They did this instead of just raising it to 750 million A/S

They were smart so far because shareholders on here seem to love the forward split idea, even though this is only to give them more shares to sell.

Somehow a forward split with more dilution is better than just more dilution.