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Re: None

Monday, 06/24/2013 4:10:00 PM

Monday, June 24, 2013 4:10:00 PM

Post# of 146838
If one share of ABC sells for 0.99 pre-merger, and one ABC share is exchanged for three XYZ shares, the XYZ share price will adjust to 0.33, post merger.

Before: 0.99.

After: 3 x 0.33 = 0.99.

Same difference. It's like dividing up a large slice of pizza into three smaller slices. You have the same total quantity just more pieces.