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old biohf guy

01/23/15 10:49 AM

#15125 RE: KitchenRat #15124

Kitchenrat, the value of the stock a person hold does not change during a split. You just get less shares but each share is values more, so:

# shares x price = market cap

I believe .0000 is the most decimal point that the stock exchange can handle, so I think this is the driving reason.