Replies to post #655 on Ascena Retail Group Inc fka ASNAQ

[JohnSamuel]

So, based on 198,000,000 outstanding shares the 20 to 1 ratio reduces the outstanding share count to 9,900,000 shares.

Closing price was 47 cents even, times 20 = $ 9.40 @ share under the new share and price structure

I, assume the above is correct, upon the opening tomorrow morning under the symbol = ASNA1

Does the above look correct to everyone ?