InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
AI Subscribe Login/Register account icon
S&P 500
5,319.31
(
2.30%
)
US TECH 100
17,952.80
(
3.23%
)
Dow Jones
39,446.49
(
1.76%
)
Brent Oil
78.74
(
0.46%
)
Bitcoin
60,947.46
(
10.75%
)

Replies to post #252991 on Blum Holdings Inc (BLMH)

Replies to #252991 on Blum Holdings Inc (BLMH)
icon url

why_meil

03/14/18 4:35 AM

#253005 RE: Money $hot #252991

1 billion shares authorized pre reverse split is still 1 billion shares authorized post reverse split of 1:15.

AS stays the same, only the OS decreased 1 for 15.
icon url

grizzlyman69

03/14/18 8:06 AM

#253014 RE: Money $hot #252991

If you do the math CORRECTLY you'll find that the closing price would be equal to about .265 pre-split.Basically exactly where it was the previous day.(3.98 divided by 15= .265)