Yep wouldn't surprise me in the least. If IPCI does end up doing a reverse split they must also simultaneously have a hell of a lot of fresh valuation driving catalysts in play at the time...otherwise it's over for us round 1 longs.
Ideally anything IPCI mgmt. believes they can do in a post reverse split world they should be getting off their asses and doing now.
Because my own belief is that if they do end up doing a r/s prior to launching some real value-driven results...then the post r/s conditions are gonna be no better than the current conditions...thus the post r/s share price will simply erode back down anyways.
In other words a reverse split if it comes is gonna be the kiss of death for round 1 longs...and mgmt. should be finding a way to get the share price uptrending now instead of even considering a reverse split world.
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